Multiple Choice
According to the text, the federal budget has the largest effect on ______.
A) state budgets and the economy
B) the policy process and the economy
C) the policy process and international markets
D) state budgets and local budgets
Correct Answer:

Verified
Correct Answer:
Verified
Q27: What landmark legislation revolutionized the federal budget
Q28: The president's power in the budget process
Q29: A congressional _ commits money for spending,
Q30: The Federal Reserve manages the money supply,
Q31: The Performance Assessment Rating Tool (PART) was
Q33: The Program Assessment Rating Tool and zero-base
Q34: The black budget faces strict oversight by
Q35: Articulated by his book published in 1936,
Q36: Management by objectives and zero-base budgeting are
Q37: Top-down budgeting differs from bottom-up budgeting in