A Disadvantage of Federalism Is That __________

question 11

Multiple Choice

A disadvantage of federalism is that __________.

• A) the quality of education a child receives varies from state to state
• B) states can figure out which policies work best for them
• C) citizens can choose to live in those areas that have the policies they prefer
• D) the state governments can nullify laws passed by Congress

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Definitions:

Present Value Factors

The factors used in calculating the present value of a sum of money or a stream of cash flows given a specified rate of return.

Market Rate

The prevailing interest rate available in the marketplace for loans or the return on investment securities, varying based on macroeconomic conditions.

Issuance Price

The price at which a company's shares are offered for sale to the public for the first time in an initial public offering (IPO) or the sale price in subsequent offerings.

Stockholders' Equity

The portion of the balance sheet that represents the capital received from investors in exchange for stock (paid-in capital), donated capital and retained earnings of a company.