James Madison referred to the system of federalism as the "middle ground" of government types. What did he mean by this statement?
A) The federal system is very weak because it fails to establish itself in contrast to unitary and confederation systems.
B) Unitary systems and confederation systems are opposing ends of the continuum. Federalism has elements of both systems but is the best attempt to balance the powers and needs of the state versus federal governments.
C) The government fails to take a definitive stance subordinating its power to other government entities.
D) Federalism is the second most preferred system of government, after the unitary system.
E) The federal system abolishes the individual powers of the central and state governments in favor of a weaker, but more balanced, hybrid government.
B
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Indicate whether this statement is true or false.
An important finding of prospect theory suggests that individuals
a. are more willing to take risks to achieve a gain than to avoid a loss. b. are unable to make a rational decision in a moment of crisis. c. never waver from the way cost-benefit decisions are made. d. are more willing to take risks to avoid a loss than to achieve a gain.