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Consider the following information concerning an economy with demand-determined output.There is no government or foreign trade. TABLE 21-7 Refer to Table 21-7.The simple multiplier in this economy is
President
The elected head of state and government in a republic, particularly referring to the President of the United States.
Agencies
Organizations or bodies established by the government to perform specific functions, often involved in administering policy and regulation in various areas.
Unitary Executive Theory
A concept in constitutional law that suggests the President possesses the power to control the entire executive branch fully.
Executive Power
The authority granted to the executive branch of a government, including enforcing laws, directing national defense and foreign policy, and managing public policy.
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