Presidents Have Found the Regulatory Review Process Useful as a Means

question 63

Multiple Choice

Presidents have found the regulatory review process useful as a means of gaining power over domestic policy influence because:

• A) the ability to strike down or alter a regulation gives their executive orders real teeth.
• B) they can, in effect, rewrite congressional law through this process and the use of executive orders.
• C) congressional law is often notable more for laying out broad goals than listing details, thus giving administrative agencies leeway in working out how to meet the goals.
• D) public appeals and executive orders can only take a president so far.

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Definitions:

Millions

A numeric unit indicating one thousand thousand (1,000,000) of any quantity.

Net Working Capital

The difference between a company’s current assets and its current liabilities, indicating short-term financial health.

Taxable Income

The amount of income subject to tax, after all deductions and exemptions are taken into account.

Net Capital Spending

The total spending on fixed assets less the proceeds from the sale of fixed assets, indicating a company's investment in physical assets.