Appropriation
What will be an ideal response?
(of federal funds): Congressional approval of funds for a particular purpose
Economics
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Money is created by
A) government taxation. B) banks taking in deposits. C) banks making loans. D) banks paying for depositor's insurance.
Economics
Faster economic growth imposes an opportunity cost in the form of
A. reduced current consumption. B. a larger capital stock. C. increased investment. D. increased future income.
Economics
During an economic downturn, it is relatively ________ for the government to make investments in infrastructure.
A. inexpensive B. inefficient C. risky D. expensive
Economics
What are the two features of a public good?
A) nonrival and excludable B) nonrival and nonexcludable C) rival and excludable D) rival and nonexcludable
Economics