What Are Units in the Executive Branch That Make and Enforce

question 5

Multiple Choice

What are units in the executive branch that make and enforce rules to protect the public interest,such as the Federal Reserve Board?

• A)the Cabinets
• B)independent agencies
• C)White house staffers
• D)independent regulatory commissions

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Definitions:

Marginal Utility

Marginal utility represents the additional satisfaction or utility a consumer gains from consuming one more unit of a good or service.

Total Utility

The sum satisfaction or benefit that a consumer receives from consuming a particular quantity of goods or services.

Consumer Surplus

The variance between the aggregate sum consumers are prepared and able to spend on a good or service versus what they truly pay.

Consumer Surplus

The divergence between the full amount consumers intend and are able to allocate for a good or service, and the amount they really pay.