In macroeconomic policy, which of the following is/are highly influential?
A. President
B. Congress
C. Federal Reserve Board
D. all of the above
E. (A) and (B) only
D
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The U.S. federal ______ tax is the lowest among the world’s industrialized nations.
Fill in the blank(s) with the appropriate word(s).
In contrast to the liberal emphasis on cooperation, realism highlights the situation in which one side can gain only at the expense of another. This relationship is called
a. rational action. b. comparative advantage. c. zero-sum game. d. positive-sum game.
Which of the following is not a function of a post audit?
a. To measure legislative satisfaction with expenditure of funds b. To evaluate the financial viability of a program in terms of efficient resource use c. To determine compliance with statutes and other limitations d. To assess program performance
Some people say that money buys elections. A more realistic statement would be that money:
A. Is necessary but not sufficient for victory B. Doesn't count in American politics C. Only buys television time, and that's not enough D. Helps only the incumbent