The Federal Register
A) itemizes state and local government spending.
B) is used to track immigration.
C) publishes all the new federal regulatory rules.
D) has decreased in size.
Answer: C
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A reason why discretionary fiscal policy might move the economy away from potential GDP instead of toward potential GDP is that
A) economic forecasts consistently underestimate the impact of fiscal policy. B) it is difficult to know whether real GDP is above or below potential GDP. C) during a recession, politicians prefer increases in government spending over decreasing taxes. D) government programs automatically move real GDP away from potential GDP. E) government programs are always expansionary.
Currency devaluation is a reduction in the official pegged price of foreign exchange in terms of the domestic currency
Indicate whether the statement is true or false
Define the concentration ratio
What will be an ideal response?
Whenever an isoquant exhibits a diminishing marginal rate of technical substitution, the corresponding isoquants are:
A. concave to the origin. B. L-shaped. C. convex to the origin. D. linear.