In Order for an Executive Agreement of the President Concerning

question 32

Multiple Choice

In order for an executive agreement of the president concerning foreign affairs to be valid:
I.A court must find that it is based on the president's inherent powers or authority granted by congress.
II.It must be based upon an express power granted by the U.S.Constitution.

• A) I only.
• B) II only.
• C) Both I and II.
• D) Neither I nor II.

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Definitions:

Monetary Policy Rule

Guidelines used by central banks to manage the economy by controlling the money supply and interest rates.

Economists

Professionals who study how societies use available resources to produce valuable commodities and distribute them among different people.

Money Supply

The total amount of money available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.

Monetary Policy

A strategy used by a country's central bank to control the money supply and interest rates in order to influence economic activity.