Examlex
Which of the following would increase the investment component of U.S. GDP?
New Federalism
A political philosophy of devolution, or the transfer of certain powers from the United States federal government back to the states, initiated in the 1970s.
Unfunded Mandates
Legal requirements or conditions for federal programs that are imposed by Congress on state and local governments without providing federal funding to cover the costs.
Home Rule
Home rule refers to the power granted to political subdivisions by the state to govern themselves with minimal state interference.
Unfunded Mandate
A regulation or policy imposed by a higher authority (such as the federal government) on lower government levels or the private sector, without providing corresponding funds for implementation.
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