On a Left-Right political spectrum, which group would you find between moderates and reactionaries?
a) Liberals b) Conservatives c) Radicals d) Extremists
b) Conservatives
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Graham Allison's governmental politics model suggests that decisions are the result of
a. following only government established standard operating procedures. b. instrumental rational calculations by governmental leaders, like expected utility. c. cognitive dissonance among high level government leaders. d. various bargaining games among bureaucratic players within the government.
Which of the following events led to the formation of the Republican Party?
A) the ending of the War of 1812 B) the selection of John Quincy Adams for the presidency by the House of Representatives C) the passage of the Kansas-Nebraska Act D) the outbreak of the Civil War E) a military attack on the State of Vermont from the Canadians
The Postal Service, which was created by Congress and which retains all profits rather than distributing them among shareholders, is an example of
A. a government corporation. B. an independent regulatory agency. C. a government-sponsored enterprise. D. a proxy administration. E. a line organization.
The action of central banks buying and selling their own currency in large enough quantities to affect the price of that currency is better known as ________.
a. a dirty float b. an exchange market intervention c. trade adjustment d. opportunity cost