Identify two problems that may derive from a lack of coordination between fiscal and monetary policy.
What will be an ideal response?
First, lack of coordination of fiscal and monetary policy will cause the two to cancel each other’s effects; second, coordinating the two may produce an excessive amount of correction in the economy, so that changes overshoot the mark and economic fluctuations are exaggerated rather than minimized.
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Approximately how many patronage positions are there in the national government?
a. 500 b. 1,000 c. 3,000 d. 10,000
When the industry that is being regulated gains control over the agency that is supposed to regulate it, the process is called
A. cooption. B. capture. C. complacency. D. collusion. E. pork.
Under the Affordable Care Act (Obamacare), employers with 50 or more workers are obliged to provide health insurance to their employees, and companies that fail to do so will face substantial fines. What is the name for this aspect of the law?
a. individual mandate b. employer mandate c. public option d. Medicaid expansion
Why does the War on Terror present diplomatic problems when discussing the Arab-Israeli situation?
A) Each side has a different view of who the terrorists are B) Each side has suffered from terrorist activity C) Neither side supports the other's right to exist D) Both sides are fighting over a third group (the Palestinians) E) Neither side has made government-sponsored terrorist activities illegal