CFA Review: 12/09

Front

In the Marbury v. Madison case, judicial review is an example of what principle?

Back

checks and balances

Front

Which Supreme Court case established judicial review?

Back

Marbury v. Madison

Front

Which of the following statements most accurately describes judicial review? Options: the power to nominate and appoint new judges, the power to reverse the decisions of lower courts, the power to review presidential actions, the power to declare laws unconstitutional

Back

the power to declare laws unconstitutional

Front

The decision in Gibbons v. Ogden was significant in U.S. history because it-

Back

confirmed the power of Congress to regulate interstate commerce

Front

According to the elastic clause of the Constitution, it is necessary and proper for Congress to create a national bank. Further, the supremacy clause, which places federal government above state governments, makes it unconstitutional for a state to tax the federal government. Which case is associated with this decision?

Back

McCulloch v Maryland

Front

As part of his financial plan Alexander Hamilton wanted to create a

Back

national bank

Front

A tax on imported goods is called a/an

Back

tariff

Front

In order to establish credit for the US, Hamilton suggested that the US should...

Back

assume the debts of the states, create a national bank, institute taxes to raise revenue

Front

They favored a stronger central government that promoted trade and industry and favored strong relations with Britain.

Back

Federalists

Front

What is a precedent?

Back

A tradition for others to follow