The federal government ran a budget deficit of approximately $1.3 trillion in 2011

Political structure, or the process by which laws become enacted:

A. has no effect on policy created. B. is virtually the same everywhere. C. affects the outcome of policy. D. has one feature that is present in every government structure in existence.

Which of the following economic perspectives focuses on the need for government to shift aggregate supply to correct problems of unemployment and inflation?

A. Monetary. B. Classical. C. Keynesian. D. Supply-side.