How Long Does the Governor Have Following the Adjournment of the Legislature

question 72

Multiple Choice

How long does the governor have following the adjournment of the legislature in which to act on bills?

• A) Ten working days
• B) Twenty calendar days
• C) One month
• D) Ninety days

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Definitions:

Adverse Supply Shock

An unexpected event that suddenly decreases the supply of a product or service, resulting in increased prices and reduced quantity.

Prices

The amount of money required to purchase a good, service, or asset, often influenced by supply and demand.

Short-run

A period in which at least one factor of production is fixed, limiting the ability of a business to fully adjust to market changes.

Short-run Aggregate Supply

The total supply of goods and services that firms in an economy plan on selling during a specific time period at current prices.