ECONOMICS (CBSE/UGC NET)

ECONOMICS

FEDERAL RESERVE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The parts of the federal government that regulate businesses and the free market, all mostly include what in their name?
A
Executive Department
B
Administration
C
Commission or board
D
Cabinet
Explanation: 

Detailed explanation-1: -The federal bureaucracy consists of the Cabinet departments, independent agencies, government corporations, and independent regulatory commissions.

Detailed explanation-2: -The Federal Government is composed of three distinct branches: legislative, executive, and judicial, whose powers are vested by the U.S. Constitution in the Congress, the President, and the Federal courts, respectively.

Detailed explanation-3: -Cabinet departments, independent agencies, government corporations, and independent regulatory commissions are four different types of the operating parts of the bureaucratic whole.

There is 1 question to complete.