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Each Year, Executive Agencies Enact More "Laws" Through the Rulemaking

question 21

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Each year, executive agencies enact more "laws" through the rulemaking process than does Congress.


Definitions:

Foreign Exchange Rate

The price of one country's currency in terms of another country's currency.

Controlling Investor

An individual or entity that holds a significant portion of a company's shares, yielding the power to influence or direct the company's management and decisions.

Parent

In a business context, the term usually refers to a parent company that holds a controlling interest in subsidiary companies.

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