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☆☆☆☆☆To provide money for government programs
Speculators from rushing into and out of a country's market and disrupting its economy./
it increases the tax as income rises
Environmental-protection laws can be bad for the economy because they may increase unemployment.
They are paid on international trade only.
The president gives a proposed budget to Congress.
Congress decides on the details of the budget.
The president signs spending bills into law.
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The Office of Management and Budget (OMB) and the president prepare a proposed budget.
Congress decides on the overall level of spending and taxation and passes specific spending bills.
The president signs various spending bills into law.
Pork barrel projects
natural resources necessary for producion are safeguarded
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taking land to build an airport
higher prices
A restriction on when a union may call a strike
cutting taxes
A. Social security _ government agency
B. U.S. Postal Service _ government corporation
C. Boeing _ government contractor
Merit good : education
Public good : national security
Individual good : food
Issue bonds
1.Vendor lock in: a company say a wide range of product can be used with its products but this is not true.
- Price fixing: a group of companies agree that all of them will charge the same price.
3.Predatory pricing: a large company charges a price below production cost in order to eliminate small competitors.
- trade restrictions is to higher prices for consumers.
-labor laws is to regulation of union activities
- banking regulations is to stability for the economy
