What is the “Austrian school”?

What will be an ideal response?


The “Austrian school” is an economic theory predicated on the work of Friedrich Hayek who argued that the economy is too complicated for politicians to avert recessions and unemployment without unintended consequences that could be worse.

Political Science

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Postmodernists believe that by using the scientific method, the blurry boundaries between the "knower" and the "known" can be made clearer

Indicate whether this statement is true or false.

Political Science

Theodore Roosevelt negotiated the Gentleman’s Agreement of 1907 with the Japanese government in order to

a. improve industry in California. b. discourage immigration from China. c. build a labor force in California. d. encourage Japanese immigration. e. limit Japanese immigration.

Political Science

Which statement about federal and unitary systems is most accurate?

a. In a federal system, power is concentrated in the states; in a unitary system, it is concentrated in the national government. b. In a federal system, the constitution allocates powers between states and federal government; in a unitary system, powers are lodged in the national government. c. Today there are more countries with federal systems than with unitary systems. d. The United States and Japan have federal systems, while Great Britain and Canada have unitary systems

Political Science

An election signaling the significant change in popular allegiance from one party to another is a general election

Indicate whether the statement is true or false.

Political Science