The Federal Reserve has primary responsibility for
a. monetary policy.
b. protectionism.
c. regulatory and trade policy.
d. tax policy.
e. the federal deficit.
ANS: A
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_____ involves removing legal restrictions to the free play of markets, the establishment of private enterprises, and the manner in which private enterprises operate.
A. Deregulation B. Trade certification C. A product law D. A liability law
In the Griswold decision, Justice ____________ wrote: "The Constitution makers knew the need for change and provided for it. Amendments ... can be submitted to the people ... for ratification. That method of change was good enough for our Fathers, and being somewhat old-fashioned I must add that it is good enough for me."
a. William O. Douglas b. Earl Warren c. Felix Frankfurter d. Hugo Black
The phrase power of the purse refers to which of the following?
a. The influence of women in the political process b. The main issue facing government, which is always a shortage of tax money c. The president's control of the finances of government d. The constitutional authority for Congress to raise and spend money e. The power of the Senate to unilaterally cut spending in the area of defense
The courts have always supported broadcast media with freedom of expression
Indicate whether the statement is true or false