Discuss the role of the Federal Reserve in the American economy. What are the Fed's specific functions? What are the tools at its disposal? How did the Fed originate and how is it staffed? Should an institution that is not controlled by the people, and which is not fully an instrument of government, be allowed to wield as much influence as the Fed does?
What will be an ideal response?
Answers will vary.
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Which of the following is an example of a tax expenditure?
a. tax breaks to companies that invest in innovation and expansion b. federal grants to companies for research and development c. federal loans to banks d. fees paid to farmers for not planting their fields
A country that earns much of its revenue by exporting raw materials, such as oil, or leasing out natural resources to foreign companies is known as
a. a dual society. b. an export substitution state. c. a rentier state. d. a dependent country. e. a leaser state.
According to your text what is the primary disadvantage of posting debriefing information on a website?
a. an inability to accurately explain the nature of the research b. difficulty in determining the effectiveness of our deception c. an inability to assess the psychological state of the participant d. the inability to fulfill the educational component of the debriefing session.
Which statement best supports Marxist Theories?
A) The United States provides ample opportunities for all that work hard. B) Similarities exist between economies in both Europe and the United States. C) Tax breaks will often create jobs, benefiting the working class. D) Uneven benefits to corporations with few benefits for workers, led to the economic crises in the early 2000s.