The Congress shall have Power…To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights an
d Measures.2 What does the quoted text demonstrate about the powers of government?
A. If a power is not explicitly held by the federal government, it is reserved for the states or the people.
B. All powers not given to the federal government are reserved for the states.
C. Some powers are expressly given to the federal government under the Constitution.
D. Some powers in the United States are shared between state and federal governments.
<u> C. Some powers are expressly given to the federal government under the Constitution.</u>
The given passage is from Article I of the United States Constitution which contains the powers of the Legislative Branch. All powers stated in this article are called Expressed or Delegated Powers of the government, meaning that these powers are expressly given to the federal government and no other entity. There's a total of 27 in Article I.
The most likely effect of the Federal Reserve lowering the discount rate on overnight<span> ... rate is the rate which banks charge one another for </span>overnight loans<span> used to .</span>
