Explain and discuss the important features of the system of dual sovereignty.
What will be an ideal response?
The framers of the Constitution created an innovative system of government with dual sovereignty-a system of government in which governing authority is divided between two levels of government, a central government and regional governments, with each level having ultimate authority over different policy matters.
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In the early 1980s, proponents of supply side fiscal policy maintained that the United States was located at some point along the
a. rising portion of its Laffer curve b. falling portion of its Laffer curve c. horizontal portion of its Laffer curve d. vertical portion of its Laffer curve
Scholars often use the experience of the Soviet Union in the twentieth century as an example of which problem of central planning
a. increasing class inequities. b. the inability to direct economic resources to address pressing national needs. c. production of consumer goods privileged at the expense of heavy industry protection. d. lack of economic efficiency. e. the ups and downs of the business cycle.