The primary reason the federal budgeting process changed in 1921 was that _____
a. the level of government expenditures were increasing
b. the President wanted more power
c. federal agencies wanted less responsibility
d. World War II forced the military to get involved
a
Economics
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Refer to the scenario above. The increase in output due to a one-unit increase in capital is smallest at point ________
A) A B) B C) C D) D
Economics
The above table gives data for the nation of Mouseville. There are no imports into or exports from Mouseville. Aggregate planned expenditure is less than actual expenditure if real GDP is
A) less than $700 billion. B) more than $800 billion. C) $800 billion. D) less than $800 billion. E) more than $700 billion.
Economics