Which group has a direct responsibility for providing analysis, advice, and assistance to the U.S. president on economic matters?
A. The Congressional Budget Office
B. The Joint Economic Committee
C. The Council of Economic Advisors
D. The Federal Reserve Board
Answer: C
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?There are two economically meaningful ways of slicing two-input production frontiers.
Answer the following statement true (T) or false (F)
Once a bond rating is assigned, it:
A. can only change if the rating change is approved by the securities and exchange commission. B. can change as the financial position of the issuer changes. C. can change on the next bond from the issuer but is fixed for the current bond. D. never changes over the life of the bond.
Enforcement of private property rights is ordinarily entrusted to the
A. individual property owners. B. government. C. social conscience of buyers and sellers. D. military.
According to supply-side economists, when operating in the upper portion of the Laffer curve, tax cuts result in ___________.
Fill in the blank(s) with the appropriate word(s).