How does one realize an economic depression has taken place?
a. significant oil price hikes
b. an increase in GDP
c. prolonged high unemployment
d. government intrusion in the economy
ANS: C
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When there is an economic downturn, this economic theory argues that the government should pump money into the economy by spending more than it collects in taxes.
A. Keynesian economics B. Monetarist economics C. Economic planning D. Supply-side economics E. Credit-based economics
Members of the European Parliament are a. directly elected by the member states' citizenry within elections specifically held for that purpose. b. appointed by the EU member states' executive leaders
c. chosen by the parliaments of the member states. d. chosen by the opposition parties in each member state. e. chosen in different ways in each member state.
If you were to group people by age, you would be studying what kind of group?
a.) a weighted index b.) an additive index c.) areal group d.) demographic group
What are the three sides of the iron triangle?
a. employees in government agencies, interest groups, and legislators and their staff b. the president, legislators and their staff, and interest groups c. employees in government agencies, interest groups, and public opinion groups d. the president, legislators and their staff, and public opinion groups