The Dominant Executive-Branch Department in Formulating and Enacting American Defense

question 18

Multiple Choice

The dominant executive-branch department in formulating and enacting American defense policy and managing American armed forces is

• A)the Defense Department.
• B)the Department of the Interior.
• C)the State Department.
• D)the Department of Homeland Security.

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Definitions:

Aggregate-Supply Curve

A curve that shows the quantity of goods and services that firms choose to produce and sell at each price level

Trade-Off

An exchange where getting something of value requires giving up something else of value, typically used in the context of making decisions with limited resources.

Short Run

A period during which at least one of a firm's inputs is fixed and cannot be changed.

Fed's Policy

The set of monetary policy guidelines and actions taken by the Federal Reserve, the central banking system of the United States, to control the money supply and achieve macroeconomic goals.