The Obama administration has consistently followed a Keynesian path in its approach to the economy, including
A) increasing the Social Security taxes paid by workers on earnings.
B) reducing unemployment benefits.
C) reducing federal stimulus programs to state and local governments.
D) increasing government regulations.
E) extending the food stamp program.
E
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Compare and contrast mercantilism and economic liberalism. What are the assumptions of each regarding the economy and politics? What are the weaknesses of each? Provide an example from international relations for each approach.
What will be an ideal response?
According to Figure 1.4, The Policymaking System, how does government policy come into being and become part of a policy agenda?
What will be an ideal response?
Which of the following is an authoritative allocation of resources?
a. A change in the tax code to provide deductions for interest paid on a home mortgage b. A reduction in the wholesale price of cigarettes c. A decision by General Motors to close a factory in Michigan and open one in Texas d. An increase in the price of compact discs
Which of the following interest groups generally oppose highway construction and commercial and industrial development?
A. civic organizations B. taxpayer groups C. growth-management groups D. business groups