Every Agency Must Report the Total Number of Closed Meetings,reasons

question 49

Multiple Choice

Every agency must report the total number of closed meetings,reasons for the closedmeetings,and all related litigation to Congress:

• A) monthly
• B) quarterly
• C) semi-annually
• D) annually

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Definitions:

Tax

Compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Deadweight Loss

The reduction in economic productivity resulting from a failure to reach or the impossibility of reaching the market equilibrium for a particular product or service.

Excise Tax

A tax on specific goods or services, often with the goal of discouraging their use or generating revenue.

Supply Curve

A graphical representation of the relationship between the price of a good and the amount of it suppliers are willing to offer for sale, holding other factors constant.