The Court's Power to Review Acts of Congress Has Not

question 78

Multiple Choice

The Court's power to review acts of Congress has not been seriously questioned because

• A) the Court only overturns laws that are unpopular with a majority of voters.
• B) Congress granted the power of judicial review to the Court in the Federal Judicial Review Act of 1798.
• C) Congress and the president always agree with the decisions made by the Court.
• D) the Constitution explicitly grants this power to the Court in the "judicial review" clause of Article III.
• E) the Court has been reluctant to strike down congressional laws and has overturned only a small number over the last 200 years.

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Definitions:

Nominal Rate

Nominal Rate is the interest rate before adjustments for inflation, reflecting the actual monetary cost of borrowing.

Opportunity Cost

Missing out on possible advantages from other choices when a specific choice is made.

Benefit

is an advantage or profit gained from something, or a payment or gift made by an employer, the state, or an insurance company.

Present Value

The existing worth of a forthcoming monetary sum or cash flows, assessed with an agreed-upon rate of return.