A continuing resolution is:
a. an agreement that requires Congress to balance the budget on an annual basis
b. an agreement that allows Congress to have too much control over the budgetary process.
c. an agreement that allows agencies to spend at the rate of the previous year's budget.
d. a decision made by congressional committee about the federal spending and revenue levels for five years.
e. a guaranteed benefit for those who qualify for government transfer programs.
c
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Refer to the table below. To increase output from 33 to 66 units requires ________ extra employee-hour(s); to increase output from 66 to 99 units requires ________ extra employee-hour(s).OutputPer DayNumber ofEmployeeHours Per Day00331662994132716511
A. 2; 4 B. 1; 1 C. 2; 1 D. 1; 2
The above figure shows the Lorenz curve for wealth for the nation of Rusha. The wealthiest forty percent of the population own what percent of wealth?
A) 40 percent B) 50 percent C) 60 percent D) 100 percent
What are the most important differences between perfectly competitive markets and monopolistically competitive markets?
What will be an ideal response?
Which of the following was an objective of the framers of the Federal Reserve System?
A) Decentralized power B) Executive branch power C) Elimination of private-sector influence D) Consolidation of the banking industry