An Executive Order

question 118

Multiple Choice

An executive order

• A)has the power to create policy.
• B)may be directly contrary to a law passed by Congress.
• C)has no legal consequence.
• D)is the same as an executive agreement.
• E)is a rule or regulation rarely considered by presidents.

---

Definitions:

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Future Profits

Expected financial gains or earnings projected for future periods, considering current business operations and market conditions.

Current Profits

The earnings that a company or individual realizes during a specific period, primarily focusing on the present or most recent fiscal period.