According to laissez-faire economic theory, what should the government do during an economic downturn?
a. raise taxes
b. increase government spending on infrastructure projects
c. bail out failing industries that are at the core of our economy
d. nothing
d
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Which of the following is designed to provide the king of Saudi Arabia with an understanding of issues at the local and provincial levels?
a. the Consultative Council b. the Council of Ministers c. the Shura Council d. the Shari'a law e. None of the above
Initiatives:
a. must be limited to a single subject. b. can be used to amend the constitution. c. can be used to revise the constitution. d. "a" and "b," but not "c."
Which of the following is an example of a categorical grant?
A. funds provided by Congress to the states for education generally B. funds provided by Congress to the states for substance abuse prevention C. funds provided by Congress to the states for transportation infrastructure D. funds provided by Congress to the states to enhance science instruction in a low-income area
This federal organization is primarily responsible for monetary policy.
A. Council of Economic Advisers. B. Treasury Department. C. Office of Management and Budget. D. Federal Reserve Board (Fed). E. National Security Agency.