The ________ is the European Union's ultimate decision-making body and is composed of the different ministers of the member countries.
A) European Commission
B) Council of the European Union
C) European Parliament
D) European Court of Justice
B) Council of the European Union
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Using fiscal policy to stabilize the economy is difficult because
A. there are time lags involved in the use of fiscal policy. B. the effects of policy changes are known with certainty. C. the size of the government debt doesn't matter. D. potential income is known.
In general, when the quantities of a complementary resource are increased, the productivity of the other resources
A. rise. B. fall. C. remain the same.
Allowing individuals to manage a portion of their Social Security funds is
A) socialization. B) privatization. C) democratization. D) regeneration.
Every year, Rafael figures that the oven in his bakery is worth $1,000 less than the year before because of wear and tear. Setting aside an allowance of this amount to eventually replace the oven is an example of a(n) ______ payment.
a. depreciation b. appreciation c. inventory d. nondurable