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What are the advantages and disadvantages of resource allocation under monopolistic competition compared to perfect competition?
Classifications of Agencies
Classifications of agencies refer to the categorization of different types of agency relationships based on authority, nature of work, and the legal implications involved.
Cabinet-Level Departments
Major administrative units in the executive branch of the U.S. government, each headed by a Secretary who is a member of the President's Cabinet.
Executive Agencies
Federal agencies headed by appointed officers and responsible for enforcing laws and regulations within specific areas overseen by the executive branch of government.
Independent Agencies
Government bodies that operate independently of executive departments, often with regulatory or oversight functions.
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