Which of the following cases was most important for ensuring the United States an internal common market?

(a) Charles River Bridge v. Warren Bridge (1837)
(b) McCulloch v. Maryland (1819)
(c) Gibbons v. Ogden (1824)
(d) Dartmouth College v. Woodward (1819)

(c)

Economics

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So long as the absolute value of the price elasticity of demand for a firm's output is greater than 0, the firm's optimal markup factor will be positive as well

Indicate whether the statement is true or false

Economics

The fact that output gaps will not last indefinitely, but will be closed by rising or falling inflation is the economy's:

A. income-expenditure multiplier. B. self-correcting property. C. short-run equilibrium property. D. long-run equilibrium property.

Economics