How does monetary policy provide a possible corrective during economic recessions?
A)It provides more consumer capital by instituting steep reductions in the marginal tax rate.
B)It increases the desirability of American goods on the international markets through a reduction of tariffs.
C)It injects additional money into the economy through a lowering of interest rates to counteract the contracting market.
D)It creates a vast amount of jobs for unemployed workers through deficit spending on public works projects.
C
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The winner of an election may claim to have a __________ to carry out his or her policy agenda
Fill in the blank with the correct words.
Which of the following statements about Japan's role in a globalized world of states is NOT true?
a. Japan is the second largest contributor to the International Monetary Fund (IMF) and the World Bank. b. All past presidents of the Asian Development Bank have been Japanese. c. Japan is a founding member of the Asia-Pacific Economic Cooperation forum. d. Japan has never been elected a non-permanent member of the United Nations Security Council. e. Japan is the second largest contributor to the United Nations budget.
The Kellogg-Briand Pact of 1928 was a multilateral treaty that outlawed
a. the use of weapons of mass destruction. b. war as a method for settling interstate conflicts. c. the use of trade barriers to promote the wealth of one state at the expense of another. d. torture and other forms of abuse against prisoners of war.
The making of public policy is a benign process
Indicate whether the statement is true or false.