Under Article C)VI of the Constitution, the laws of Congress and all treaties are the law of the land. This article is seen as stating that all the laws of Congress and all treaties are supreme law. It equally forbids a religious test as requirement for holding a position within the government and holds the United States under the Constitution responsible for debts accumulated by the United States.
Answer:
Decentralization: The transfer of control of an activity or organization to several local offices or authorities rather than one single one.
Federal System: When political authority is divided between two autonomous sets of governments, one national and the other subnational, both of which operate directly upon the people.
The difference between a unitary and a federal government is that a unitary government puts its power in one central government while in a federal system the governing power is divided into federal and local governing bodies that connect to the national government.
Answer:
Demographic change can influence the underlying growth rate of the economy, structural productivity growth, living standards, savings rates, consumption, and investment; it can influence the long-run unemployment rate and equilibrium interest rate, housing market trends, and the demand for financial assets. Moreover, differences in demographic trends across countries can be expected to influence current account balances and exchange rates. So to understand the global economy, it helps to understand changing demographics and the challenges they pose for monetary and fiscal policymakers.
True.......................
