In Initiating Broad Legislative Proposals,the President Enjoys All of the Following

question 40

Multiple Choice

In initiating broad legislative proposals,the president enjoys all of the following advantages over Congress EXCEPT

• A)being more likely to take a national perspective on policy issues.
• B)being granted more authority by the Constitution in the area of lawmaking.
• C)being assisted by literally hundreds of policy specialists.
• D)having the authority to make policy decisions even when there are conflicting views within the executive branch,while congressional leaders cannot impose their views on other members who disagree with them.
• E)a lack of fragmentation.

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Definitions:

Marginal Revenue

The surplus revenue acquired from the sale of one more unit of a good or service.

Profit Maximizing Output

The level of production at which a firm achieves the highest possible profit, determined by the point where marginal cost equals marginal revenue.

Demand Curve

A graphic representation showing how the quantity demanded of a good or service varies with its price.

Marginal Cost

The hike in complete costing that comes with the fabrication of an additional unit of a good or service.