Inflation is a(n)
a. artificial increase in the value of the dollar.
b. general rise in prices over time.
c. tax on imported goods.
d. means by which the government can control the value of the dollar against foreign currencies.
e. unimportant factor in determining the overall state of the economy.
ANS: B
Political Science
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Fiscal policy refers to the
a. amount of money a government prints and puts into circulation b. interest rates the government sets c. government’s budgetary policy d. government’s deficit spending
Political Science
______ seeks to bring two warring agencies before a person with the formal authority to make a decision.
a. Horizontal cooperation b. Vertical coordination c. Interagency conflict d. Organizational criteria
Political Science