From 2007 to 2013 Total Federal, State, and Local Appropriations

question 3

Multiple Choice

From 2007 to 2013 total federal, state, and local appropriations to public institutions of higher education

• A)increased $230 billion.
• B)increased $47 billion.
• C)remained constant.
• D)decreased $71 billion.

---

Definitions:

Cartel

An association of independent businesses organized to control prices and production, restrict competition, and monopolize markets.

Price Leadership

A situation where the largest or most dominant company in an industry sets prices that other companies then follow.

General Electric

An American multinational conglomerate involved in various sectors including energy, aviation, and healthcare.

U.S. Steel

An integrated steel producer with major production operations in the United States and Central Europe.