Answer the following statement(s) true (T) or false (F)
1. The Federal Reserve rate is the interest rate the Federal Reserve charges on loans to the government.
2. Deflation is a good thing.
3. A humanist is an idealist who is interested in and motivated by concern for the broader human condition and the quality of people’s lives.
4. Laissez-faire capitalism is an economic system characterized by very little, if any, government involvement in the economy.
1. False
2. False
3. True
4. True
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Working-class suburbs began to disappear after World War II
Indicate whether the statement is true or false.
Compare and contrast Van Belle’s definition of politics, as goal-directed actions with public consequences to Harold Lasswell’s definition of politics as the process of who gets what, when, and how.
What will be an ideal response?
According to the authors of the textbook, the key advantages of the “political specialization view” of modern democracy include all of the following EXCEPT ______.
a. it is reasonably stable b. it responds to changes of issues and candidates c. the electorate as a whole cares d. the electorate as a whole does not care so intensely that any significant portion of the citizenry will challenge the results of an election e. it protects the interests of those who are least likely to be the activist or pluralist citizens
The United States’ representative democracy is based on ______.
a. free speech and majority rule b. equal voting rights and the right to bear arms c. equal substantive rights and free speech d. the consent of the governed and free exercise of religion e. majority rule and the consent of the governed