Which of the Following Would Be Most Likely to Induce

question 195

Multiple Choice

Which of the following would be most likely to induce Congress and the president to conduct expansionary fiscal policy? A significant

• A)decrease in investment spending.
• B)decrease in oil prices.
• C)increase in consumption spending.
• D)increase in net exports.

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Definitions:

Independent Federal Administrative Agency

A government agency that operates independently of the executive branch, often established by Congress to regulate and oversee specific areas of public administration.

Stare Decisis

A legal principle that obligates courts to follow historical case law when making rulings on similar cases.

Precedent

A precedent is a legal decision or case that establishes a principle or rule that may guide future courts in deciding similar issues.

Common Law

A legal system based on customs, traditions, and judicial decisions, as opposed to statutory laws, predominantly followed in the UK, the US, and other commonwealth countries.