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Public policy can be embodied in all of the following forms except


A) a law.
B) an administrative rule.
C) an order.
D) regulation.
E) a petition.

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Inflation in the United States has maintained a steady rate of 11 percent for the past two decades.

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The Kyoto Protocol was designed to


A) set binding targets for greenhouse gas emissions to be met by each country.
B) restrict the proliferation of nuclear reactors used to generate both weapons and energy.
C) reduce the debt obligations for African nations by over 50 percent.
D) establish a global ban on whaling.
E) set limits on the amount individuals can drive vehicles per year.

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Historically,Americans have been more concerned with economic liberty than economic equality.

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Why do many businesses prefer Congress to regulate the economy?


A) Regulations are more cost-effective in the long run.
B) One national regulation is better than the inconsistencies and disparities of different state laws.
C) Businesses argue that regulations help to increase their market share.
D) Regulations lead to a fairer and more equitable marketplace.
E) Regulations help businesses net more profit.

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In order to have reliable information about the costs and impact of economic policies,Congress created the ______.


A) Federal Reserve Board
B) Office of Management and Budget
C) Congressional Budget Office
D) Congressional Oversight Commission
E) Congressional Research Service

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