Powers held by both the federal government and the states, such as taxing and borrowing money, are called what?

1. Some powers belong to both levels of government at once. 2. These shared powers, from taxing and borrowing to running court systems, are called concurrent powers. 3. Enumerated powers are the federal list and reserved powers belong to the states, so neither term fits shared power. _Source: OpenStax American Government 3e (CC BY 4.0), Ch 3 "American Federalism", section 3.1 The Division of Powers_