In response to the high costs of the Civil War and a shortage of hard currency, Congress passed laws providing for uniform national currency and
a. a federal income tax.
b. a new system of nationally chartered banks.
c. an alternative minimum tax.
d. standard interest rates.
e. the Federal Open Market Committee.
ANS: B
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Why is it important for democratic citizens to have high-quality information?
a. High-quality information ensures that public opinion will coalesce around public policy solutions that are agreeable to most Americans. b. High-quality information is a prerequisite for voting in most states. c. Political leaders respond only to informed public opinion, and the public cannot be informed without high-quality information. d. High-quality information enables the formation of political opinions that are consistent with one's values and interests.
The primary benefit derived from the gold standard was
a. domestic monetary autonomy. b. capital mobility. c. stability. d. a rise in global income.
A Z-score is a standardized measure that uses what two measures in one score?
What will be an ideal response?
Throughout history which of following has been true regarding American federalism?
a. Federalism has proven to be rigid and unchanging in the face of an ever-changing world. b. The role and powers of the federal government have evolved as undisputed. c. The powers of the state governments have become almost nonexistent in light of national government powers. d. Technology, population shifts and the global economy have spurred reexamination of state and federal functions and federalism’s flexibility has allowed it to adapt to these changes. e. American federalism has become almost nonexistent.