Answer the following statement(s) true (T) or false (F)
1. Deflation can ultimately impact the stock market.
2. To this day, U.S. currency is still backed by metals such as gold and silver.
3. The Fed can easily be controlled by politicians.
4. The Fed requires banks to keep a certain percentage of all the money depositors have in that bank on hand at all times.
5. The Economic Growth and Tax Relief Reconciliation Act of 2001 included property tax rate reductions and tripled the child tax credit.
1. True
2. False
3. False
4. True
5. False
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Which of the following summarizes American views on overseas military expeditions?
A. Leery of them, but once started, Americans want to win, even if it means more intense fighting. B. Generally pacifistic unless the United States directly is attacked. C. Generally in favor of military action all the time. D. In favor of starting wars, but generally not to continue fighting them. E. None of these are correct.
How does retrospective voting differ from prospective voting?
What will be an ideal response?
Political parties are not essential institutions in democratic republics
Indicate whether the statement is true or false
Incumbents do not have any electoral advantage over people challenging them
Indicate whether the statement is true or false