Identify five instruments of economic policy.
What will be an ideal response?
Instruments include monetary policy, fiscal policy, regulations and control, financial support of industry, public ownership, incentives, and moral suasion.
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Opportunities to participate, especially to vote, have greatly declined during the past 50 years
Indicate whether the statement is true or false
The argument that democracies do not go to war with one another because they successfully use balance-of-power politics to avoid war is an example of an argument from which level of analysis?
a. The individual level of analysis b. The domestic level of analysis c. The systemic process level of analysis d. The systemic structural level of analysis
In the island country of Semanto, quarterly meetings are held at its Civic Centre grounds to discuss and decide upon important issues of the island. Every Semanto citizen participates in the governing assembly and votes on all major issues. Semanto is an example of a(n) _____.
A. totalitarian dictatorship B. direct democracy C. autocracy D. monarchy E. aristocracy
The state of Junis wants to revamp its infrastructural facilities of bridges and underwater tunnels. Consequently, it invites highly competent international infrastructure development companies to pitch in with their bids. In order to attract them, Junis lowers its tax rates below the national taxation levels imposed on foreign investors. This scenario illustrates the model of _____.
A. cooperative federalism B. fiscal federalism C. dual federalism D. competitive federalism E. picket-fence federalism