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Which of the following statements best explains federalism?

It is a system of government in which the authority to govern is divided between federal and state governments.

It is a system in which the federal government has powers beyond those granted to it by the Constitution.

It is a political system in which all the powers in governing a nation lie with the federal government.

It is a political system that consists of the legislative, executive, and judicial branches, which have the undue power to control the government.

Business Economics, Economics

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