The Era of Dual Federalism Was from the ________ Until

question 48

Multiple Choice

The era of dual federalism was from the ________ until ________.

• A)Founding; the end of the Civil War
• B)Founding; the New Deal
• C)Civil War; World War II
• D)New Deal; the 1960s

---

Definitions:

Phillips Curve

An economic concept illustrating an inverse relationship between the level of unemployment and the rate of inflation.

Inflation Rate

The percentage rate of increase in price levels over time, which can erode purchasing power.

Inflation Expectations

The rate at which people expect the prices of goods and services to increase in the future, which can influence economic behavior.

Unemployment Rate

The fraction of people in the labor market who are not employed but are seeking a job.