Oversight is the process by which congress monitors the bureaucracy. Congress can give control over regulatory agencies using oversight that establish agency structure as well as process. Congress is specifically authorized to apply oversight because of its power to regulate funding and give approval to presidential appointments.
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Hayek believed the economy too complicated to think in terms of aggregates. This is the foundation of monetarism theory. He believed that people are unpredictable in their choices. Consequently, expansionary policy was potent because it could potentially lead to inflation and affect individual choices.
<em><u>oil</u></em>
Natural resource which made Ghana a prosperous kingdom is gold. This country had abundance of gold, since it literally sat on the gold mine, and its rulers used it for many years of successful trading. Therefore, the kingdom became powerful and prosperous. In some periods even dogs in Ghana had golden collars, and Ghana's kings were among the richest men in the world. They traded gold for salt (mostly with Arabs) which was very important for people's health. Today, Ghana is the second largest gold producer in Africa.
Yes it is correct and true hope it helps
