Which of the Following Is True Regarding Administrative Agencies

question 58

Multiple Choice

Which of the following is true regarding administrative agencies?

• A)There are state administrative agencies,but no federal administrative agencies.
• B)Administrative agencies exist only at the local county level.
• C)Administrative agencies exist at the federal,state,and local level.
• D)There are state and federal administrative agencies,but no local administrative agencies.
• E)There are federal administrative agencies,but no state administrative agencies.

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Definitions:

Income

Money received, especially on a regular basis, for work or through investments, constituting the financial resource available to individuals or entities for expenditure or investment.

Income

Earnings received through work, investments, or government benefits, among other sources.

Permanent Income Hypothesis

A theory suggesting that an individual's consumption at any given time is determined not just by current income but also by their longer-term income expectations.

Consumption

The action of using goods or services for personal use, satisfaction, or to fulfill needs.