Examlex
Which of the following demonstrates how policy making is decentralized in the United States?
High Inflation Rates
A situation characterized by a rapid and excessive rise in the general price level of goods and services in an economy over a period of time.
Economy Growth
An increase in the economic output and productivity of a country, often measured by its gross domestic product (GDP) over time.
Investment Bank
A financial institution that assists individuals, corporations, and governments in raising financial capital by underwriting or acting as the client's agent in the issuance of securities.
Federal Budget Deficits
The shortfall that occurs when the U.S. government's expenditures exceed its revenues within a fiscal year.
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