The Gramm-Rudman Act was passed by Congress to
A. fine-tune the existing budget procedures.
B. give more authority to the OMB.
C. eliminate deficit spending.
D. eliminate the balance-of-trade deficit.
E. eliminate tax cuts.
Answer: C
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The term market failure refers to the failure of an economic market ________
A. to incorporate the cultural values of the country in which it operates B. to produce highly differentiated goods C. to provide new employment opportunities to the public D. to produce or distribute needed or wanted goods or services E. to ensure that the positive and negative externalities from economic activities are balanced
Cyber conflict may provide a number of opportunities to a variety of actors. Identify one primary opportunity cyber conflict affords
a. elevation of social status b. gathering of financial data c. acting against an adversary without getting caught d. means by which to wage war