One Way That Congress Exercises Authority Over Agencies Is Through

question 22

Multiple Choice

One way that Congress exercises authority over agencies is through

• A)the statutes that create and define them.
• B)control of Office of Personnel Management OPM)hiring practices.
• C)the use of discharge petitions.
• D)dismissal of an agency head.
• E)the use of the Civil Service Exam.

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Definitions:

Annual Income

The total amount of income earned over a year from all sources including wages, salaries, bonuses, dividends, and interest.

Nominal Interest Rate

The rate of interest charged on a loan without taking the inflation rate into account.

Real Interest Rate

It represents the rate of interest an investor expects to receive after allowing for inflation, fundamentally indicating the true return on an investment.

Inflation Rate

The annual rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to limit inflation to maintain a healthy economy.