What Is the President's Main Duty as Commander-In-Chief

question 4

Multiple Choice

What is the president's main duty as commander-in-chief?

• A) to lead the nation's military
• B) to declare war
• C) to urge Congress to consider certain policies
• D) to meet with foreign leaders

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Definitions:

Loanable Funds

The loanable funds market is a concept in economics where the supply of and demand for loans determine the interest rate, including all forms of credit like loans, bonds, or savings deposits.

Savings

The portion of disposable income not spent on consumption of goods and services, set aside for future use or emergencies.

Investment Funds

Pools of capital from multiple investors used to collectively purchase securities while each investor retains ownership and control of their own shares.

Demand

In economics, demand is the quantity of a good or service that consumers are willing and able to purchase at various prices during a certain period of time.