Examlex
Dr.Walsh has designed a test to measure eleventh-graders' knowledge of American history.To ensure that the test represents American eleventh-graders,he is standardizing the test by:
Government
The organization, or group of persons, that holds the authority to govern a political state, making and enforcing laws and policies.
Price Support Program
Government or organizational policies aimed at maintaining the market price of a product or commodity at a certain level to support producers.
Efficiency Loss
A reduction in economic efficiency, often resulting from market distortions such as taxes or subsidies, leading to a loss of societal welfare.
Taxpayers' Burden
The financial obligation imposed on taxpaying citizens by government spending and debt, often reflected in the taxes they must pay.
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