Fiscal policy may use taxes to promote all of these goals except
a. full employment
b. stable prices
c. economic growth
d. reduction of trade deficits
d. reduction of trade deficits
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The era of dual federalism ended when
A) the federal government tried to impose a national income tax. B) President Hayes ordered federal troops to remain in the South for at least two more decades. C) the Supreme Court upheld legislation that outlawed child labor. D) the United States entered World War I, and national security became paramount. E) citizens looked to the federal government to address problems created by the Great Depression.
In Miliken v. Bradley the Supreme Court ruled that courts could not order interdistrict busing because
a. the government did not have the constitutional power to interfere with matters of education. b. there was no de facto segregation. c. the citizens in the districts had voted against it. d. the school districts had not been created with the intention to promote or maintain segregation. e. Congress enacted legislation banning busing.
A tax structured such that higher-income individuals pay a larger percentage of their income in taxes is called a __________
a. marginal tax b. progressive tax c. proportional tax d. regressive tax
For what Middle Eastern countries petroleum products constitutes over 90 percent of their total export?
a. Iran, Iraq, and Israel b. Iran, Iraq, and Kuwait c. Iraq, Kuwait, and Yemen d. Turkey, Egypt, and Iran e. None of the above