One way of improving the federal government budget process is to:
a. switch to a two-year or biennial budget
b. remove the Council of Economic Advisers from the process.
c. detail budgeting by focusing on all groupings and line items.
d. provide for automatic annual increases in all budget categories.
e. eliminate the role of Congressional committees in the process.
a
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Refer to Table 14-3. Is there a dominant strategy for Nigeria and, if so, what is it?
A) Yes, it has a dominant strategy depending on what Saudi Arabia does. B) Yes, the dominant strategy is to produce a high output. C) Yes, the dominant strategy is to produce a low output. D) No, there is no dominant strategy.
In the equilibrium version of the classical model, the velocity of money
a. depends on the real rate of interest. b. depends on the level of employment. c. is equal to the Cambridge k. d. is stable in the short run.