The Delegation of Powers by Which of the Following Gives

question 46

Multiple Choice

The delegation of powers by which of the following gives the executive branch the additional authority to address new problems?

• A) State government
• B) Congress
• C) The voting public
• D) The Supreme Court
• E) The Senate majority leader

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Definitions:

Equilibrium Price

The price at which the quantity of a product offered is equal to the quantity of the product in demand.

Price Ceiling

A price ceiling is a government-imposed limit on how high a price can be charged for a product, service, or commodity, often intended to protect consumers from high prices.

Price Ceiling

A government-imposed limit on how high a price is charged for a product, above which it cannot legally rise.

Laissez Faire Policy

An economic doctrine stressing minimal government intervention in the marketplace, advocating for free markets to regulate themselves.