What occurs during the appropriations process?
a. Congress grants funds to federal agencies and programs.
b. Congress makes laws.
c. Congress acquires requested oversight material from the executive.
d. Congress instructs the president to eliminate federal agencies.
e. Congress creates new federal agencies.
a
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What kind of public policy involves the legislative enactment of taxes and expenditures?
a. budgetary choice b. regulation c. court decision d. congressional statute
Adam Smith, in his treatise, The Wealth of Nations, argued that
a. mercantilism was the best way to ensure state security. b. wealth came from the goods and services purchased, not merely the accumulation of precious metals. c. military expansion abroad was an inevitable product of capitalism. d. imperialism was a result of the inter-European competition for dominance. e. governments must heavily regulate the economy to ensure it ran smoothly.