An economy in which the market largely determines the production and consumption of goods and services, but there is a role for the government, is referred to as a ______ economy.
A. capitalist
B. command
C. mixed
D. free market
A. capitalist
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Which of these is an electoral "earthquake," where new issues emerge, new coalitions replace old ones, and the minority party often displaces the majority party?
a. a critical election b. a decisive election c. a revolutionary election d. an upheaval election
A legislator's spokesperson puts a spin on a story when that official believes it is best to __________.
A. promote news through online sources rather than traditional media sources B. present fake news to the media C. cover up a political scandal D. present information in the best possible light
Which of the following statements about the national debt is NOT true?
a. The national debt is paid off about every 10 years. b. The national debt has interest that must be paid annually. c. The national debt is the accumulated indebtedness of the U.S. d. The national debt is larger than the typical deficit. e. The national debt is smaller than the GDP.
What does the Securities and Exchange Commission do?
a. It sets interest rates for borrowed money. b. It oversees the U.S. stock markets. c. It protects the rights of U.S. workers. d. It regulates the U.S. banking system.