Which best describes the following concept: the volume and complexity of decisions lead decision-makers to fall back on simple incremental rules of thumb rather than attempt to make perfect allocations of funds?
A. normative approach to incrementalism
B. empirical approach to incrementalism
C. normative approach to institutionalism
D. empirical approach to institutionalism
B. empirical approach to incrementalism
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The fact that today's Americans are not well informed about politics is consistent with the viewpoint of _________, who argued in Federalist No. 68 for the indirect election of the president by a council of wise men
a. Alexander Hamilton b. George Washington c. James Madison d. Thomas Jefferson
Which of these statements best describes the possible effect of efforts by the Federal Reserve Board to lower interest rates?
a. They can lead to lower capital gains tax rates. b. They can lead to higher unemployment in years of budget deficits. c. They can spur economic growth by increasing the cost of money for business. d. They can spur economic growth by increasing the available money supply.
Federal taxes, such as Social Security and Medicare payroll taxes, and excise taxes on alcohol and cigarettes are __________
Fill in the blanks with correct word
Each federal district has a U.S. attorney appointed by the ____ and confirmed by the ____.
a. U.S. attorney general/Senate b. president/ U.S. attorney general c. House of Representatives/ Senate d. president/Senate