During what has become known as the Great Recession, the Fed began to purchase the assets of member banks. This new monetary control mechanism used by the Fed was known as
A. quantitative easing.
B. hyper inflation.
C. subprime borrowing.
D. the Greenspan Plan.
E. too big to fail.
Answer: A
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Describe the different functions of political parties in our system.
What will be an ideal response?
Which of the following statements most closely represents the traditional approach to representation?
a) "I try to vote the way I think best." b) "I use my judgment to do what is best for my constituents." c) "I vote the way my constituents want on issues of high visibility, but I vote the way I think best on other matters." d) "I try to vote the way my constituents want me to vote because I am accountable to them." e) Both A and B
Under what circumstances would a new vice president assume the duties of president?
a. if no candidate achieves 270 electoral votes and the House vote results in an absolute majority of votes for one of the top three candidates– b. if the top presidential vote getter declines the office and the House has to select a new candidate c. if the House vote does not result in a majority for one candidate and the Senate gives more than 51 votes to one of the vice presidential candidates d. if neither the House nor the Senate can establish a clear majority for president or vice president
Identify the Kyoto Protocol. Provide at least one reason why the United States did not fully support this effort. Does the Kyoto Protocol have the support of the rest of the world? Why?
What will be an ideal response?