The _________ has final authority over the entire federal budget, and each agency and department must submit its proposed budget to this group for approval before it is included in the president's official proposed budget
A) Congressional Budget Office
B) Federal Budget Board
C) Office of Inspector General
D) Office of Management and Budget
E) Securities and Exchange Commission
D
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According to the Democratic Party, how does economic inequality impact society?
a. It has no impact on society. b. It has a positive effect on society because it motivates people to pursue the American dream. c. It has a negative impact because it puts the less privileged at a disadvantage and distorts democracy. d. It has a positive effect on society in that it draws attention to the plight of the poor.
Patronage is ?described as
A) ?the practice of filling government jobs with political allies or cronies. B) the practice of appointing a certain percentage of the national bureaucracy. C) ?maintaining a service that the private sector does not have enough financial incentive to do. D) ?maintaining the safety of products for the public. E) ?the tendency for big government to endure over the long term.
Select the correct benefits and drawbacks to a floating exchange rate:
a. Supply and demand are market driven but governments can manipulate value by either printing money or removing money from circulation. b. Could be used to replace domestic currency if it is weak, financial institutions are suspicious, and the dollar is strong. c. Could do very well if tied to a strong currency but suffers from vulnerability to other country’s recession. d. Could produce a private good economy but encourages a currency black market.
Which of the following is correct concerning the United States electoral system?
A) The electoral system is not neutral-it affects the dynamics of voting. B) The form of the ballot may influence voters' choices C) The workings of the electoral system affect the people's choices. D) All of the above. E) None of the above.