All of the Following Are Examples of Independent Executive Agencies

question 14

Multiple Choice

All of the following are examples of independent executive agencies EXCEPT

• A)the CIA.
• B)the National Science Foundation.
• C)U.S.Postal Service.
• D)NASA.
• E)the Social Security Administration.

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Definitions:

Surplus Amount

The excess of quantity supplied over quantity demanded in a market, often leading to lower prices.

Inferior Good

A type of good for which demand decreases as the income of the consumer increases.

Income Increases

The rise in the amount of money received, typically on a regular basis, for work or through investments.

Law of Demand

A principle stating that, all else being equal, as the price of a good or service increases, the quantity demanded decreases, and vice versa.