Which of the following policies did the Federal Reserve adopt in response to the 2008 global financial crisis?

a. It announced the actions it would take in the future
b. It reduced interest rates
c. It printed money electronically, which it used to purchase mortgages from banks
d. All of the above


d. All of the above

Political Science

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Roosevelt's New Deal was which of the following?

A. a restructuring of the distribution of authority between the Senate and the House of Representatives B. a comprehensive set of economic regulations and relief programs intended to fight the Great Depression C. a trade deal with China meant to bolster the economy of both countries D. the institutional reformation that allowed him to be elected president more than twice

Political Science

Initiatives are bitterly opposed by the elites

Indicate whether the statement is true or false

Political Science

__________ and __________ are the two primary reasons that foreign policy bureaucracies pursue different policies

a. Profit; reputation b. Role; budget c. Interests; benefits d. Identity; purpose

Political Science

Which of the following types of taxes has the greatest elasticity?

a) a gasoline tax of 20 cents per gallon sold b) a tobacco tax of 50 cents per package sold c) a severance tax of $1.00 per barrel of oil produced d) a general sales tax of 6 percent on the retail purchase of taxable items e) a property tax

Political Science