When inflation threatens, which of the following responses is the Fed likely to make?
a. expand the money supply
b. lower the discount rate and thereby the cost of borrowing by banks
c. lower interest rates
d. sell off government bonds to banks and others thereby reducing the funds banks can lend to individuals and businesses
Answer: d
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_______________ has experienced a high level of growth since
1980, despite having significant levels of corruption in its government. a. The United States, particularly in the 1990s b. Nigeria c. Brazil d. China
In the mid-1770s, approximately ______ newspapers were serving the colonies.
A. 10 B. 15 C. 25 D. 39
In 1970, Congress passed a measure lowering the voting age from twenty-one to eighteen in both state and federal elections. The Supreme Court, however, declared this measure unconstitutional in
a. Oregon v. Mitchell. b. Massachusetts v. Laird. c. Kissinger v. Halperin. d. Texas v. Johnson.
Which of the following is the most common act of political participation in the U.S.?
a. voting b. campaigning c. contacting a public official d. joining a political group e. marching and demonstrating