11. This answer should be logical and supported by a thoughtful explanation. For example, the federal defi cit might be the result of a recession and you argue that the defi cit is correct fi scal policy. When the recession ends, the defi -

cit will decline. Other arguments include some combinations of cutting spending or increasing taxes.

b. The quantity of Federal Reserve notes is controlled by the U.S. government. These notes are portable, divisible, and uniform in quality.

c. The quantity of dogs is diffi cult to control.

Dogs are not very portable or divisible, and they are certainly not uniform.

d. The quantity of beer mugs can be controlled.

Beer mugs are not very portable or divisible, but they could be made fairly uniform.