Only about one-fourth of the federal budget involves expenditure categories determined by existing obligations and laws
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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What is meant by direct regulation? Give a few examples of direct regulation
What will be an ideal response?
Economics
The following economy produces two products.ProductsProduction Possibilities?ABCDEFSteel012345Wheat100907555300Refer to the above table. A change from possibility C to B means that:
A. 1 unit of steel is given up to get 15 more units of wheat. B. 1 unit of steel is given up to get 75 units of wheat. C. 2 units of steel are given up to get 75 units of wheat. D. 2 units of steel are given up to get 15 more units of wheat.
Economics