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ivann1987 [24]
2 years ago
8

Federalism is the idea that the federal government and the state government share power.

Social Studies
1 answer:
jeka942 years ago
5 0

Answer:

True

Explanation:

The power that the state and federal government is called concurrent power. By the constitution power is divided into three different branches. Each has its own specific control.

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Why do economists study the perfectly competitive​ model?
GuDViN [60]

Answer:

D. All of the above.

Explanation:

Their are many reasons why economists study the perfect competition model but we will focus on the options given and it is certified that all of them are the reason for this. Because it is used as a benchmark to compare with other market structures etc.

Firms can enter and leave the market without any restrictions , therefore, there is free entry and exit into and out of the market.

A perfectly competitive firm is known to be a price taker because the pressure of competing firms forces them to accept the prevailing equilibrium price in the market. If a firm in a perfectly competitive market raises the price of its product by so much as a penny, it will lose all of its sales to competitors.

7 0
3 years ago
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Explanation:

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6 0
2 years ago
Which of the following best describes the change in federal government spending, in nominal dollars, since 1960?
Softa [21]

Answer: Federal spending as a percentage of GDP has had a fluctuating range, growing in some years but decreasing in others.

8 0
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Why do some critics view the united nations as needing reform?
insens350 [35]
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