The health of the American economy creates __________ politics.
A. majoritarian
B. interest-group
C. client
D. entrepreneurial
E. egalitarian
Answer: A
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A government that places written legal limits on the power of the majority to act is often referred to as a
a. representative democracy. b. constitutional democracy. c. limited democracy. d. republican democracy. e. collaborative democracy.
Traditionalistic states tend to be those with ______ as the main economic activity.
a. technology b. agriculture c. manufacturing d. entertainment
What is the instrument used by the Federal Reserve whereby the Fed either buys or sells securities issued by the federal government in order to manage the economy?
A. discount rate operations B. supply-side operations C. reserve requirement operations D. open market operations
Which country dropped atomic bombs on Japan?
a. Germany b. Great Britain c. France d. Soviet Union e. United States