Powers, such as imposing taxes and borrowing money, which are exercised both by the national government and state governments, are generally referred to as

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Concurrent powers are those powers that both the national government and state governments have the authority to exercise, such as imposing taxes and borrowing money. Reserved powers are those specifically reserved to the states, delegated powers are those given to the national government, mandated powers are requirements imposed by the national government on the states, and cooperative powers are not a recognized category in this context.

Powers, Such as Imposing Taxes and Borrowing Money, Which Are