According to Wade, which of the following was a weakness in the globalization model—which now may need rethinking—that helped cause the crisis?
a. It placed too much emphasis on creating regional and domestic demand.
b. It overemphasized the demand side of the economy, pushing capital accumulation.
c. It overemphasized the supply side of the economy—to the detriment of the demand side.
d. It overemphasized the demand side of the economy—to the detriment of the supply side.
e. It de-emphasized the need for capital accumulation and thus left banks in a liquidity crisis.
Answer: c
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Is Congress really the "people's branch"? Compare the two chambers of Congress in terms of how responsive they are to the will of the people
Answer:
Some state constitutions limit the amount of debt the state can incur
Indicate whether this statement is true or false.
As chief diplomat, the president performs all of the following functions, EXCEPT
A. appointing ambassadors. B. formally receiving the ambassadors of other nations. C. hosting state dinners at the White House. D. entering into executive agreements with other nations. E. approving treaties with other nations.
In 1956, which three countries tried to seize control of the Suez Canal from Egypt?
a. Israel, France, and Germany b. France, Italy, and Great Britain c. Israel, the United States, and Great Britain d. Israel, France, and Great Britain