Answer:
The Office of MANAGEMENT and Budget, part of the executive branch, prepares the initial FEDERAL budget. However, the president's budget is only a PROPOSAL THAT MUST BE APPROVED BY CONGRESS.
Explanation:
The Office of Management and Budget is the largest department or office in the White House. It is also one of the most powerful and influential ones. The budget prepared by the OMB must be sent to Congress in order for it to approve it. Congress has the power to modify and amend it through he process of appropriations. The OMB is also responsible for monitoring how the approved budget is spent, and if it follows the President's policies.
By analyzing the federal budget proposed by the president, you can understand the policies that are favored by the administration and those that are not. E.g. if the federal budget cuts the EPA budget, then you know that the environment is not something important for the president.
Many people believed that a police department should be formed by the citizens and not controlled by the government.
Answer:
a positive technology shock
Explanation:
Technology is part of the capital factor of production, and it is the most important way of increasing the quality of capital. An increase in the quality of capital means that given a same amount of capital (e.g one machine), labor will be able to produce a larger output (an increase in productivity). Technological improvements are usually achieved through research and development.
Technological improvements also affect the land factor since they can reduce the use of natural resources and wastes, although the largest impact is usually made on labor productivity.
When a country's productivity increases, real GDP might increase above full employment level because less workers are needed to produce larger outputs.
Answer:
Option C is correct P(q) = -0.005q^{2} + 2.25q - 100
Explanation:
Profit P(q) = R(q) – C(q)
Profit = Revenue – Cost
So,
P(q) = -0.005q^{2} + 2.5q - 100 – 0.25q
P(q) = -0.005q^{2} + 2.25q - 100
In order to find break even, you should plug 50 and 400 into the formula P(q) = -0.005q^{2} + 2.25q - 100