Which of the following is NOT true about the U.S. economic policy?
a. A key American economic principle is that economic success is tied to a free market.
b. American government intervention in economic matters is limited by its commitment to the principle of laissez-faire.
c. U.S. policy-makers have tended to cede power to private actors who are not necessarily concerned with the impact of their activities upon the broader economy.
d. With the formation of the Federal Reserve Board in 1913, the national government increased its ability to regulate the U.S. economy.
e. Interstate and foreign commerce are regulated by the national government.
d
You might also like to view...
According to the text, using the ______ enforcement style can lead to regulatory capture.
A. mixed enforcement B. precision based C. intention based
Congress's authority to declare war is, in most respects, a hollow check, for which of the following reasons?
A. Presidents can order an extended military engagement without a declaration of war. B. The power to declare war is not explicitly in the Constitution. C. A declaration of war must be submitted to the states for approval. D. Congress must constitutionally defer to any declaration of war by a president with previous military experience.
Underlying causes of World War II included all but which of the following?
a. German and Japanese imperialism abroad b. The United States' isolationism c. The reemergence of a bipolar global power distribution d. The failure of the League of Nations to protect its members against invasion by stronger states e. All of the above contributed to the outbreak of World War II.
Strange as it may seem, a sample of 1,500 mirrors a population of 250 million just as accurately as it would a population of 10,000.
Answer the following statement true (T) or false (F)