Which of the Following Is/are Incorrect Regarding the Governmental Actors

question 11

Multiple Choice

Which of the following is/are incorrect regarding the governmental actors and their responsibility in policy modification?

• A) Each branch of government has their own part in the policy modification process
• B) The executive branch has the least latitude in making policy modifications
• C) The executive branch can make operational policy modifications without seeking legislative approval
• D) The executive branch can assist the legislative branch in developing policy modification
• E) The judicial branch can provide a final judgment on the constitutionality of a policy

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Definitions:

World Price

The global market price of a good or service, determined by worldwide supply and demand.

Market Equilibrium

A condition or point where market supply and demand balance each other, and as a result, prices become stable.

Trade Restrictions

Trade restrictions are governmental policies or regulations that limit international trade, including tariffs, quotas, and non-tariff barriers, with the aim of protecting domestic industries.

World Price

The international market price of a good or service, determined through the global supply and demand forces.