Line item budgets _____
a. do not provide any insight into the effectiveness of expenditures
b. are good for evaluating the effectiveness of programs
c. allow expenditures to change gradually over time
d. give insight into overall trends in agency expenditures
a
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Explain why firms' short-run marginal cost curves often initially decreases and then increases
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Adam Smith believed that monopoly is the most efficient market structure
a. True b. False Indicate whether the statement is true or false
When resources are being used wastefully or inefficiently, the
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The total burden of a tax is $12,000 and the tax revenue from this tax is $8,000. The excess burden of this tax is
A. $4,000. B. $8,000. C. $10,000. D. $20,000.