The President's Authority Over the Day-To-Day Operation of the Federal

question 6

Multiple Choice

The president's authority over the day-to-day operation of the federal government points to his role as

• A)administrator in chief.
• B)chief diplomat.
• C)commander in chief.
• D)chief legislator.
• E)chief party leader.

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Definitions:

Foreign Economies

Economies outside of a reference country or the global network of national economies interacting through international trade.

Stocks and Bonds

Financial instruments that represent ownership in a company (stocks) and loans made to an entity (bonds).

Unemployment

The condition of being without a job while actively searching for employment.

Market Wage Rate

The prevailing rate of pay for given jobs in a labor market, determined by the supply of and demand for labor.