Which of the Following Statements Is True of an Iron

question 65

Multiple Choice

Which of the following statements is true of an iron triangle

• A) An iron triangle is a three-way alliance among the Senate, the House of Representatives, and the president.
• B) An iron triangle helps in understanding the federal bureaucracy's role in policymaking.
• C) An iron triangle is established in only certain parts of the bureaucracy of the federal government.
• D) An iron triangle relationshipapplies to all policy domains.
• E) An iron triangle is made up of people with differing policy concerns.

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Definitions:

Substitution Effect

The change in consumption patterns due to a shift in relative prices, leading consumers to replace more expensive items with cheaper alternatives.

Leisure

Free time spent away from business, work, and domestic chores, often used for relaxation, recreation, or hobbies.

Substitution Effect

The effect of a change in the price of a good or service on the demand for that good or service, due to consumers switching to or from substitutes.

Wages

The fixed regular payment, usually calculated on an hourly, daily, or weekly basis, paid by an employer to an employee for work performed.