The First Step in the Creation of a Law Is

question 40

Multiple Choice

The first step in the creation of a law is for a bill​ to be

• A) ​introduced to the full House or Senate.
• B) reviewed through the committee process.
• C) ​reviewed by the executive branch.
• D) proposed and sponsored by a member of the House or Senate.

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Definitions:

Goods And Services

Physical items and intangible benefits provided to satisfy the wants and needs of consumers.

Assets Abroad

Financial holdings, investments, or physical properties located outside one's home country, potentially subject to taxation and regulation in multiple jurisdictions.

Net Capital Outflow

The difference between a country's total exports of capital and its total imports of capital over a specific period of time.

National Saving

The total amount of savings generated within a country, comprising both private savings and the government's budget surplus.