The interest on the national debt will soon be well over $300 billion a year
Indicate whether the statement is true or false
True
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Bill was a politician in the early 20th century in Texas. Which of the following could cause him anxiety about the economic future of Texas?
a. steel and metal smelting industries polluting the rivers b. slave labor on cotton plantations causing a lot of unrest in Texas c. the Texas government depending mainly on oil as a source of revenue d. the subprime mortgage crisis triggering a slowdown in all the sectors of the economy
Andrew Jackson and Thomas Jefferson were presidents who relied heavily on the merit system to recruit personnel for government jobs
Indicate whether the statement is true or false
Which of the following terms refers to a restriction on the import of another country’s goods or services?
a. Fast track b. Boycott c. Comparative advantage d. Tariff
What was the strategy of “flexible response”?
What will be an ideal response?