The ________ clause protects the rights of every citizen to travel through other states, to reside in any state, and to participate in trade, agriculture, and professional pursuits in any state
A) necessary and proper
B) full faith and credit
C) extradition
D) privileges and immunities
E) interstate compacts
D
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What factor do scholars identify as supportive of the current two-party system?
A. lack of a viable alternative B. solid corporate and foreign support C. increased public interest in politics D. a new cohort of young and dynamic candidates E. favorable laws that directly subsidize existing party structures
Which of the following would happen if a referendum were to take place in the United States?
A. The people would let their elected officials make decisions on their behalf. B. A question would be placed on the ballot by gathering signatures. C. The legislature would send a ballot proposal to the voters. D. A question would be placed on the ballot by action of the legislature. E. An elected official would be removed before his or her term of office comes to an end.
Which statement describes the role that derivatives trading played in the recent housing market bubble?
a. "Deriving" their value from real estate speculation, derivatives created a volatile value system. b. Derivatives fluctuate widely in value, which led many investors to buy, only to lose large sums upon downward fluctuation. c. Derivatives forced many banking institutions to sell or close, condensing the control of the finance industry into a few small hands. d. Derivatives became so complex that no one could understand them, which masked losses and made assets extremely difficult to evaluate.
In general, a recession most likely does which of these?
a. reduces the budget deficit b. leads to higher unemployment c. leads to tax increases d. leads to higher inflation