Examlex
Which of the following is one of the three major functions of Congress's policymaking role?
Consumption
The action of using up a resource or goods in the process of fulfilling human needs or wants.
Income
Earnings received by an individual or entity, usually in the form of wages, salaries, or investments.
Interest Rate
The percentage of a loan charged to the borrower as interest, usually shown as an annual rate of the outstanding loan amount.
Utility Function
A mathematical representation in economics of a consumer's preference ordering over a set of goods and services.
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