Which of the following is NOT a characteristic of the U.S economy.?

_________________ is a benefit of the US economy that requires a lot of government involvement.

___________________is a benefit of the US economy that allows producers to be very flexible.

__________________is encouraged because new products will stimulate the economy and create new jobs.

When an inventor gets a_______________ for his work, it means that the government will permit him to earn all profits for 20 years.

Government supports research to improve technology, which__________affects the economy.

Who is responsible for creating the federal budget?

If the President vetoes the national budget bills, it sent back to _________________ for mending.

The Federal Reserve is governed by a seven-member panel known as the ________________.

__________________________of the Federal Reserve decides if any changes to the money supply are needed.

The Federal Reserve can decrease the money supply by ________________ bonds.

The conducts check-clearing services for all banks in the country.

The Federal Reserve can increase the money supply by ____________ bonds.

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