The Constitution Does Not Give the President the Power to Do

question 43

Multiple Choice

The Constitution does not give the president the power to do which of the following?

• A) Veto legislation
• B) Convene sessions of Congress
• C) Declare war
• D) Serve as commander-in-chief of the military
• E) Serve as administrative head of the nation

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Definitions:

Disposable Income

Post-tax funds households can use for expenditure and savings.

Induced Consumption

Consumer spending that is influenced by changes in income levels, as opposed to spending that is not influenced by such changes.

Disposable Income

The funds that are available to households for saving and spending activities after the deduction of income taxes.

Induced Consumption

The portion of consumer spending that increases with an increase in disposable income, implying that as people earn more, they tend to spend more.