Regarding fiscal policy, the Texas Constitution requires that the
A) legislature draft and pass an annual budget.
B) state's expenditures should be within 10 percent of projected state revenues.
C) state's spending should be in balance with projected state revenues.
D) governor certify that state spending is in balance with state revenues.
Question 2
In McCulloch v. Maryland, the Supreme Court ___________________ ____.
A) established per curium opinions
B) eliminated per curium opinions
C) declared Congress would be the final arbiter of constitutionality
D) determined that states would be the final arbiter of constitutionality
E) ruled that Congress had powers beyond those specifically listed in the constitution
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
A medical office requires teamwork.
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The fiscal policy to counter an inflationary gap is a(n)