Which of the following best describes inflation?
A. Increase in the sale of stocks on the stock market
B. Increase in the general price level of goods and services
C. Increase in currency in the money supply
D. Increase in the purchasing power of foreign currency
E. Decrease in the salaries of members of government
Answer: B
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Classical liberal economics are centered on the freedom of an individual to pursue political interests
Indicate whether the statement is true or false.
Which of the following is NOT protected by the U.S. Constitution?
A) republican forms of government in each state
B) territorial integrity-a state cannot be combined with another state without its consent
C) each state is provided two members in the U.S. Senate and at least one member in the U.S. House of Representatives
D) equal votes for each state in the Electoral College
Describe the presidential toolkit of unilateral directives, and compare and contrast the means by which presidents can exercise their unilateral powers
Explain why the national security directive is different from other unilateral directives and what effect this has had on the balance of power between the legislative and executive branches.
A country that is pursuing protectionist policies wants to __________
a. expand its sovereignty b. prevent foreign invasion c. participate in military alliances d. strengthen its domestic economy