government - Economic freedom is freedom to work, buy, save, and engage in other economic activity
without hindrance, regulation, or oversight by the _____________
Advisors - The Council of Economic _____________ is a three-member group of economists that advises
the president on domestic and international economic policy
Trade Representative - The United States _____________ develops trade and conducts trade
negotiations with other countries
Management - The Office of _____________ and Budget heads the development of the federal budget
and sees that the executive departments follow through on budget guidelines
Revenue - The purpose of the Internal _____________ Service is to enforce the tax code
subsidies - The government began paying _____________ to farmers and producers when corn-based
ethanol did not prove to be an economically feasible energy alternative to petroleum
fines - The government might tax or charge _____________ to polluters when the economy experiences
a market failure
defense - Most people believe that government should provide national _____________ and local law
enforcement
increased - Competition _____________ and transportation costs fell dramatically, when the U.S.
government deregulated the trucking industry
itemized - A charitable contribution is an example of an _____________ deduction
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