How Are Independent Regulatory Commissions Similar to Independent Executive Agencies

question 87

Multiple Choice

How are independent regulatory commissions similar to independent executive agencies?

• A) Both are headed by a single administrator.
• B) Both are part of the president's Cabinet.
• C) Both operate outside of executive department control.
• D) Both are allowed to charge for their services.
• E) Both perform activities that private investors cannot.

---

Definitions:

Complements

Products or services that complement each other, such that a rise in the demand for one results in a rise in the demand for its counterpart.

Demand Curve

A graphical representation that shows the relationship between the price of a good and the quantity demanded by consumers.

Quantity Demanded

Quantity demanded refers to the specific amount of goods or services consumers are willing to purchase at a given price point, ceteris paribus (all other factors being equal).

Quantity Demanded

Quantity demanded is the amount of a good or service that consumers are willing and able to purchase at a given price within a specific time frame.