The Untied States Constitution provides for the________________?
Correct answer: C. principle of federalism
- A. doctrine of elitist pluralism
- B. doctrine of executive privilege
- C. principle of federalism
- D. concept of polis
Explanation
The U.S. Constitution establishes federalism by distributing authority between the national government and the states. Executive privilege is a later constitutional doctrine, not the basic structural principle asked here.
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Government revenue and expenditure are analysed through taxation, public borrowing, budgets, subsidies, transfers and public debt. The topic explains how fiscal policy affects resource allocation, income distribution, economic stability and growth, while distinguishing direct from indirect taxes, progressive from regressive taxation, and public goods from goods supplied by private markets.
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