Which of the following statements is true of police power?
A. It is an unwritten law derived from judicial decisions based on acceptable customs.
B. It is the right to use the force of the state to promote the general welfare of citizens.
C. It allows the state to regulate commerce with foreign nations and among the several states.
D. It entitles each and every citizen to a day in court.
Answer: B
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A. growth B. affiliation C. motivating D. hygiene E. security
The Phillips curve, modified with the addition of expected inflation into the analysis, is known as
A. the expectations-augmented Phillips curve. B. the long-run Phillips curve. C. the inflation-surprise theory. D. the Phillips-curve non-accelerating inflation theory of unemployment.
A risk averse attitude is associated with ________
A) high uncertainty avoidance B) high femininity C) high power distance D) high individualism E) high collectivism
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