All of the Following Statements Are True About Sunset Legislation $\bold{except}$

question 66

Multiple Choice

All of the following statements are true about Sunset legislation $\bold{except}$

• A) all federal legislation must incorporate sunset provisions of ten years.
• B) legislation with sunset provisions must be reauthorized at the end of the designated period or the program created by the legislation will end.
• C) Sunset provisions were first recommended during the creation of President Roosevelt's New Deal agencies.
• D) many state governments have adopted sunset provisions in legislation.
• E) Sunset provisions allow Congress and state legislatures to revisit legislation at a later date to determine if the legislation needs revision or should be abandoned.

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Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price over a specified period of time.

Market Period

A very short duration in economics during which the supply of a good is fixed and cannot be adjusted in response to changes in demand.

Long Run

The long run is a period of time in economics where all inputs and factors of production can be varied, allowing companies to adjust all their resources.

Short Run

A period in economics during which at least one input, such as plant size or capital, is fixed, limiting the capacity to adjust to changes in demand or production volume.