Figure 14.2 -Refer to Figure 14.2. a Movement from Point B to B

question 90

Multiple Choice

Figure 14.2
-Refer to Figure 14.2. A movement from point b to point c could be caused by a simultaneous ________ and ________.

• A) increase in the money supply; increase in the price of oil
• B) decrease in taxes; decrease in the price of oil
• C) increase in taxes; decrease in government spending
• D) increase in the price of oil; massive crop failure

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Definitions:

1990

A year not identified by a specific event or definition; it is simply a point in time on the Gregorian calendar.

Interpretative Rules

Regulations or guidelines issued by government agencies for clarifying how the agency construes the legislation it administers.

Binding

An agreement or obligation that cannot be legally avoided or ignored.

APA

Stands for the Administrative Procedure Act, a U.S. federal statute that governs the way administrative agencies of the federal government may propose and establish regulations.