2 years ago

Why is federalism called a dual government system

1 answer:

8 0

Answer:

This theory states that authority between the two levels of U.S. government, national and state, could be treated equally, live together equally, and hold roughly equal authority. Dual federalism has been nicknamed 'layer-cake federalism', since it imagines an obvious separation between state and federal duties.

Explanation:

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Suppose that a bank with no excess reserves receives a deposit into a checking account of $10,000 in currency. If the required r

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Answer:

Maximum money that bank can lend is $50,000

Explanation:

Given data:

Amount deposit is $10,000

reserve ratio is 0.20

Maximum money that bank can lend is calculated as

maximum money = (deposit - reserve)× money multiplier

money multiplier $= \frac{1}{reserve\ ratio}$

money multiplier $= \frac{1}{0.20} = 5$

and reserve is zero hence

maximum money = (10,000 - 0)× 5

maximum money = $50,000

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Answer:

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2 years ago

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Answer:

Proper Government Purpose

Explanation:

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1 year ago

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Explanation:

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2 years ago

Why is federalism called a dual government system​

Why is federalism called a dual government system