Monetarists believe that a government should ______.
a. increase government spending in times of economic growth
b. decrease government spending in times of economic decline
c. focus on the rate of unemployment in order to stimulate economic activity
d. match the growth of money to the level of growth in economic productivity
d. match the growth of money to the level of growth in economic productivity
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In Federalist No. 78, why did Alexander Hamilton call the judiciary the "least dangerous" branch of government?
a. Its members all had law degrees and extensive legal experience. b. It could force people to obey only constitutional laws. c. It had no legitimate power. d. It lacked the power of the "purse or sword."
The country's first constitution
A) was the Articles of Confederation. B) was ratified five years after independence. C) was written by the Second Continental Congress. D) did nothing more than create "a firm league of friendship" among the states. E) all of the above
What kind of a foreign exchange condition occurs when the domestic producer benefits, but the foreign exporter is hurt?
a. A strong currency b. A weak currency c. A fluctuating currency d. A mixed currency
Which of the following was revealed by the National Conference on State Legislatures’ term limits poll?
a. Support for term limits is high. b. Term limits have made legislatures more efficient. c. Term limits have made legislative committees more effective. d. Term limits have made legislative staff more influential.