How Have State Governments Responded to Reforms Recommended Through HOUSSE

question 27

Multiple Choice

How have state governments responded to reforms recommended through HOUSSE and mandated in the No Child Left Behind Act?

• A)They largely ignored the reports.
• B)They listened sympathetically but had little response.
• C)They took actions consistent with the reports.
• D)They implemented reforms even beyond those recommended in the reports.

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Definitions:

Classical Economists

A group of 18th and 19th-century economists who believed in the theory that markets operate under the laws of supply and demand and that markets will self-regulate.

Unemployed Resources

Factors of production such as labor, capital, and natural resources that are not currently being used in the production process.

Aggregate Demand Curve

A curve that shows the total quantity of all goods and services demanded across all levels of an economy at any given price level.

Real Output

The cumulative worth of all products and services manufactured within an economy, taking into account adjustments for changes in inflation.