Discuss the tools that Congress has to influence the economy.
What will be an ideal response?
? Congress has taxing and spending powers.
?There are no wages and price controls without Congress's consent.? Congress can change the laws regulating executive agencies that try to influence the economy.
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When a country no longer is willing or able to make the scheduled payments on its borrowed capital, this often develops into what is known as a
a. lender of last resort condition. b. debt crisis. c. fluctuating condition in the national currency. d. decline in global capital mobility.
What is one reason the policy option of import substitution and its use of trade protectionism has seen a decline in use by countries of the Global South?
A. The tendency for far greater inequality in wealth to result inside the country B. The pressure put on a country who uses it by powerful economic actors like the World Bank or IMF C. The greater likelihood the developing country who uses it to experience a military intervention by members of the Global North D. The tendency of this policy to lead to greater calls for democratization
Answer the following statement(s) true (T) or false (F)
1.Independent executive agencies, as organizations, look much like the divisions within regular executive departments and are headed by presidential appointees subject to Senate approval. 2.One of the major reasons Congress delegates authority to an independent agency is to avoid direct responsibility for unpopular decisions. 3.The scope of federal regulation continues to shift in response to real-world events. 4.The federal government is only allowed to provide funding to other government agencies and cannot give money to private organizations or corporations.
Explain the causes of the global food crisis. Which do you think is the most significant contributor? How would you address these issues? What role can domestic governments play? What role can international agencies play? Examine how realists, liberals, and constructivists would solve this problem
What will be an ideal response?