Amendments to the Texas Constitution that allow the state to borrow money to pay for construction projects and to repay the loan with tax revenue are known as
A) certificates of debit. B) general obligation bonds. C) deficit budget notes. D) borrowing amendments. E) stock certificates.
B
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Suppose a country's economy has recently suffered a contraction and a spike in unemployment. A Keynesian would recommend __________
a. increasing the minimum wage b. raising tariffs and lowering income taxes c. decreasing interest rates on government loans d. borrowing money to spend on new public works projects
Many of the Founders believed that the __________ contract gave the government its legitimacy
a. consent b. governing c. natural d. social
Thomas Jefferson articulated the real rationale for throwing off British rule in the Declaration of Independence as ______.
A. allowing slavery to continue in the colonies B. the fundamental right of self-governance C. embracing the divine right of kings D. mandating that government officials should be elected for fixed terms
European countries were successful in dominating the rest of the world for all the following factors except
a. development of superior technology. b. capitalism providing the means for expansion. c. Christianity offering an ideology that justified expansion. d. English emerging as the dominant language.