Which of the Following Is True of the Freedom of Information

question 63

Multiple Choice

Which of the following is true of the Freedom of Information Act?

• A) It requires government agencies to notify the media if they are exceeding their budget for the fiscal year.
• B) It requires federal agencies to disclose information on file about an individual to that individual upon his or her request.
• C) It provides for a statute of limitations on the Government in the Sunshine Act.
• D) It requires executive agencies to release information to congressional oversight committees.
• E) It was repealed after 9/11.

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Definitions:

Aggregate Demand

Aggregate demand refers to the sum of all demands for goods and services within an economy, measured at a specific overall price level during a specified time frame.

Short Run

A period in which at least one factor of production is fixed, limiting the ability of a firm to adjust to changes in market demand or production costs.

Short-Run Aggregate-Supply Curve

A graphical representation that shows the relationship between the total production of goods and services and the price level for those goods and services in the short-term.

Price Level

An index that measures the average of current prices across the entire spectrum of goods and services produced in the economy compared to a reference point.