Economic Policy: Taxation, Budgeting, and Regulation MCQs USA January 8, 2026August 15, 2024 by u930973931_answers 10 min Score: 0 Attempted: 0/10 Subscribe 1. What is the supreme law of the United States? (A) The Declaration of Independence (B) The Federalist Papers (C) The Constitution (D) The Bill of Rights 2. Which document argued for the ratification of the U.S. Constitution? (A) The Federalist Papers (B) The Bill of Rights (C) Anti-Federalist Papers (D) Articles of Confederation 3. What was the primary concern of the Anti-Federalists? (A) The Constitution did not establish a military (B) The Constitution gave too much power to the federal government (C) The Constitution overregulated commerce (D) The Constitution favored small states over large states 4. Which amendment guarantees freedom of speech, religion, and assembly? (A) First Amendment (B) Second Amendment (C) Fifth Amendment (D) Tenth Amendment 5. What is the primary purpose of the Bill of Rights? (A) To establish the powers of Congress (B) To outline the responsibilities of the President (C) To protect individual liberties from government interference (D) To create the Supreme Court 6. Federalism refers to: (A) A government where power is divided between national and state governments (B) A government controlled entirely by the federal government (C) The system of checks and balances (D) The process of passing amendments 7. Which branch of government is responsible for interpreting the Constitution? (A) Executive (B) Legislative (C) Judicial (D) Administrative 8. Judicial review is the power of the courts to: (A) Enforce laws passed by Congress (B) Declare laws unconstitutional (C) Draft new legislation (D) Appoint federal judges 9. What is the purpose of the separation of powers? (A) To centralize authority in Congress (B) To reduce taxation (C) To give states more control than the federal government (D) To divide power among the legislative, executive, and judicial branches 10. How many amendments are currently in the U.S. Constitution? (A) 10 (B) 27 (C) 33 (D) 50