Policymaking Is Considered 'Top-Down' When It Is Driven by Political

question 33

Multiple Choice

Policymaking is considered 'top-down' when it is driven by political actors ______.

• A) like the president and/or Congress
• B) such as bureaucrats who then seek approval from other policymakers
• C) including social movements and ordinary citizens
• D) that are organizations with policy goals that work within the policymaking process

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Definitions:

Market

The arena in which buyers and sellers come together to trade goods, services, or financial instruments, establishing prices through supply and demand.

Usury Law

Legislation that sets the maximum interest rate that can be charged on loans, to prevent lenders from imposing excessively high rates.

Market Rate

The prevailing interest rate available in the market for loans or the rate at which other financial instruments are priced, often influenced by the supply and demand for money.

Shortage

A situation where the demand for a product or service exceeds the available supply.