The Employment Act of 1946 reflects which one of the following functions of government?
A) providing a legal system
B) improving economy-wide stabilization
C) correcting externalities
D) providing public goods
Answer: B
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Indicate whether the statement is true or false
________ is the first step in the planning process according to a Model (diagram) in the book
a. Implementing b. Gathering and analyzing information c. Awareness d. Evaluation
A movement along the demand curve might be caused by a change in
a. income. b. the prices of substitutes or complements. c. expectations about future prices. d. the price of the good or service that is being demanded.
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