The federal budget is decided upon by the
A) President of the United States and the United States Treasury.
B) the United States Treasury alone.
C) President of the United States and the United States Congress.
D) President of the United States and the Federal Reserve system.
E) United States Congress and the Federal Reserve System.
C
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When there is a current account deficit, it is likely that
A) exports exceed imports for the country. B) the country is an exporter of capital. C) the capital account has a surplus. D) the country has a budget surplus.
Because the process can increase average wages, collective bargaining increases the well-being of all workers.
a. true b. false
Given a linear curve, the value on the y-axis changes from 120 to 100 when the value on the x-axis changes from 5 to 10, then the slope of that curve is
A. -20. B. +4. C. -4. D. +20.
Real GDP was $9,950 Billion in year 1 and $10,270 billion in Year 2. What was the approximate rate of economic growth from year 1 to year 2?
What will be an ideal response?