Examlex
The decision by inflation targeters to choose inflation targets ________ zero reflects the concern of monetary policymakers that particularly ________ inflation can have substantial negative effects on real economic activity.
Judicial Review
The power of courts to assess whether a law or governmental action is in accordance with the constitution.
Marbury v. Madison
A landmark Supreme Court case in 1803 that established the principle of judicial review in the United States.
Constitutional Convention
A meeting held with the purpose of writing or amending a constitution. In the U.S. context, it refers to the 1787 convention where the Constitution was framed.
Federalists
Supporters of the ratification of the U.S. Constitution, who advocated for a strong national government.
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