Which of the Following Is a Limit on the Power

question 9

Multiple Choice

Which of the following is a limit on the power of the presidency?

• A) Although the president is able to issue provisional measures, these are limited for sixty days, after which time, congress must pass, reject or allow the provisional legislation to continue.
• B) The president may not reissue provisional measures.
• C) Congress has the right to be consulted on executive appointments.
• D) Congress has oversight powers concerning economic policy.
• E) All of the above are limits on the power of the presidency.

Calculate economic profits or losses for firms within competitive markets.

Evaluate the reasons firms enter, stay in, or exit from a market.

Differentiate between average revenue, marginal revenue, and their importance to profit-maximizing firms.

Understand conditions under which the long-run supply curve can be perfectly elastic or slope upward.

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Definitions:

Conceptual Skills

The ability to understand complex ideas and problems, and to develop creative and effective solutions.

Bargaining Power

The ability of one party to exert influence over another in negotiations to achieve favorable terms.

Authorization Cards

Documents signed by employees indicating their desire for a union to represent them in collective bargaining.

Representation Election

A voting process used in workplaces to determine whether employees wish to be represented by a labor union.