Which of the following statements best captures the capitalist ideologue’s opposition to centralized authority?
a. Centralized authority wastes society’s resources because it is wielded by liberal politicians.
b. Centralized authority wastes society’s resources because it is responsive to profit motives.
c. Centralized authority wastes society’s resources because it is overly driven by competitive pressure.
d. Centralized authority wastes society’s resources because it does not harness the competitive pressures of the market.
Answer: d
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Of the more than 100 people who have been Supreme Court justices, a majority have been Catholic
Indicate whether this statement is true or false?
Amendments to U.S. Constitution require
a. simple majorities. b. extraordinary majorities. c. approval only by the branches of the federal government. d. approval by the major political parties. e. unanimous approval by the states.
Answer the following statement(s) true (T) or false (F)
1. The law of supply dictates that producers of goods are willing to produce more of something as its price goes down. 2. GDP typically declines during periods of economic expansion. 3. The Reagan administration’s idea that tax cuts would ultimately generate more, not less, government revenue by allowing for increased investments and productivity is known as supply-side economics. 4. The economic cycles that define an economy typically last a standard length of time and are all of similar intensity. 5. Monetary policy is the product of a closely guarded elite policymaking process.
A major difference between differential and experimental research is that,
A) In experimental research, the independent variable is not manipulated. B) In differential research, the independent variable is manipulated. C) In differential research, only the dependent variable is manipulated. D) In experimental research, the independent variable is manipulated.