State Power Is Restricted By

question 44

Multiple Choice

State power is restricted by:

• A)procedural due process clause.
• B)the Commerce Clause of the U.S.Constitution.
• C)the equal protection clause.
• D)due process and equal protection scrutiny.

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Definitions:

Money Market Mutual Funds

Investment funds that collect money from various investors to purchase short-term, high-quality debt securities and offer liquidity and relatively low risk.

Federal Reserve Bank

One of the 12 regional banks in the Federal Reserve System of the United States, which serves as the central bank of the country.

Commercial Banks

Financial institutions that offer a wide range of services, including deposits, loans, and other financial products to both individuals and businesses.

Market Interest Rate

The prevailing rate of interest determined by supply and demand in the financial markets that borrowers must pay to lenders.