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Explain how the president controls the implementation of laws through the executive branch. What are some of the major agencies and departments that allow the president to execute the laws of the nation? What criteria does the president use to select executive department heads? Why are these executive departments and the people who run them important?
Supply
The total amount of a product or service available for purchase at any given price level.
Inflation Rate
The percentage rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.
Nominal Rate
The interest rate unadjusted for inflation; the face value rate expressed as a percentage.
Real Rate
The interest rate that has been adjusted to remove the effects of inflation, showing the true cost of borrowing.
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