Which of the Following Is a Set of Basic Laws

question 1

Multiple Choice

Which of the following is a set of basic laws that specify the powers of the various segments of the government, and how they relate to each other?

• A) a constitution
• B) a legislative body
• C) the judicial branch
• D) an administrative agency

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Definitions:

Directly Related

A relationship between two variables in which they move in the same direction.

Consumer's Income

The sum of money a consumer can spend on products and services.

Budget Line

A visual depiction of every potential combination of two products that can be bought within a specific budget at fixed prices.

After-Tax Income

The amount of net income remaining after all taxes (federal, state, local) have been deducted from the gross income.