Drawbacks of the federal government budget process include:
a. the use of continuing resolutions that reward last year's programs without adequate review of performance.
b. Congress having too much control over the budget.
c. a short review period for Congress that results in poor choices in funding programs.
d. Congress having to approve a budget with at least a two-thirds majority vote.
e. the President having too much power to cancel any proposed expenditure without the possibility of a Congressional override.
Question 2
Who among the following would not be considered officially unemployed?
a. Jones, who quit his job to look for a better job in another part of the country
b. Jason, who got fired from his job when the government cut spending
c. Bourne, who is looking for a job after being out of the labor force for five years
d. Sophie, who retired early because she disliked her current job
e. Annie, who dropped out of the labor force after a year of job search
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
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