When political scientists and economists say that the U.S. economy has been “financialized” over the past generation, they most nearly mean that
A) ATMs are in greater use than ever before.
B) more citizens are using banks than ever before.
C) more than 90 percent of the U.S. population now owns stock in a large corporation.
D) fewer people than ever before are paying for things in cash.
E) the business of moving money around has increased in importance compared with the manufacture and production of goods.
Answer: E) the business of moving money around has increased in importance compared with the manufacture and production of goods.
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Congress is the only government branch with oversight authority over the bureaucracy
Indicate whether the statement is true or false
What brought about real mass unrest in the Soviet Union?
A) The fall of Soviet-supported communist regimes in Latin America B) Brezhnev repressing the people C) President Reagan threatening nuclear attack D) Gorbachev admitting that things were wrong, and instituting major reforms
Assignments to committees are irrelevant because the chair of a committee can override the appointments and remove any member as he or she sees fit.
Answer the following statement true (T) or false (F)
Which of these is most consistent with the philosophy of Keynesianism?
a. interest rate increases by the Federal Reserve Board b. congressional action to pay off some of its debt c. a decision by the Federal Reserve Board to increase the money supply d. increased spending by Congress for roads, bridges, and other infrastructure