Why do most economists oppose protectionism?
a. because it contributes to the trade deficit
b. because it artificially lowers prices, hurting businesses
c. because it gives labor unions too much power
d. because it prevents the efficient use of resources
Answer: d
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What is the primary purpose of the Council of Economic Advisers?
a. to advise the president on economic policy b. to assess budget proposals for Congress c. to enact the president's budget d. to suggest programs that should be scaled back or curtailed because they use tax dollars inefficiently
If television advertising constitutes the air war in a political campaign, then __________ are the ground war
Fill in the blanks with correct word
According to the textbook, free speech is valuable for which reason?
A. It is good for economic development. B. It allows the majority voice to be heard. C. It helps create an informed citizenry D. It identifies government critics
Based on qualifications pertaining to their educational background and examinations, civil servants are __________ officials
Fill in the blank with correct word