Through the Exercise of ________, the Supreme Court Has Held

question 55

Multiple Choice

Through the exercise of ________, the Supreme Court has held actions or laws of the executive and legislative branches unconstitutional.

• A)stare decisis
• B)writs of certiorari
• C)clemency
• D)judicial review

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Definitions:

Tariff Revenue

Income generated by a government from imposing tariffs on imported goods.

Total Surplus

The sum of consumer surplus and producer surplus, representing the total net benefit to society from producing and consuming a good or service.

Consumer Surplus

Consumer surplus is the difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually pay.

Producer Surplus

The gap between the price producers are ready to take for offering a product or service and the actual payment they receive.