The President Often Uses the State of the Union Address

question 93

Multiple Choice

The president often uses the State of the Union address to:

• A) recommend policies to Congress.
• B) introduce legislation in Congress.
• C) reconcile differences with congressional leaders in the opposition party.
• D) propose an amendment to the Constitution.
• E) announce the president's intention of seeking reelection to a second term.

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Definitions:

Perfectly Elastic

A term used in economics to describe a situation where the quantity demanded or supplied changes infinitely in response to any change in price.

Expected Rates

Anticipated figures or percentages, often pertaining to finance, such as interest rates or returns on investment.

MU/P

The ratio of marginal utility to price, used to measure the additional satisfaction gained per unit of currency spent.

Competing Products

Goods or services that serve as alternatives to each other, satisfying the same need or want, and thus compete in the same market.