The problem with a detailed federal government budget is that:
a. monetary policy becomes more difficult to implement.
b. it reduces the flexibility of discretionary fiscal policy.
c. Congress cannot keep it up to date.
d. there is a shortage of congressional committees that deal with the budget.
e. there is a short review period, resulting in poor choices in funding programs.
Question 2
Which of the following people would be classified as unemployed?
a. A person who wants a job as a fashion model but cannot find work in that field
b. Someone who quits a part-time job to attend school full time
c. Someone who does not have a job and gives up looking for one
d. A person who works at a job that underutilizes his or her skills
e. A person who works part-time and would rather work full time
