Congress may override the presidential veto by a two-thirds vote in each house
Indicate whether this statement is true or false.
Answer: True
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Industrial policy refers to a. the use of state resources to promote the development of certain economic sectors. b. the state setting goals for particular industries
c. the state purchasing stock in particular industries. d. the regulation of industrial practices. e. regulating competition between large industrial firms.
What is the justification for a progressive tax?
a) It appeals to notions of fairness and social benefit. b) It provides an incentive to work hard. c) It supports "supply-side" economics. d) It opens up extra money for major investment.
All of the following are potential benefits of arms control agreements EXCEPT:
a) They can reduce tension among countries. b) They can reduce the overall size of the military. c) They can help countries maintain a heightened state of alert. d) They can help reconfigure military forces to make them more defensive in orientation.
Which of the following is an example of the free rider problem?
a. a political action committee contributing to candidates from both major political parties b. an elected official relying on information from lobbyists c. an environmentalist deciding not to join an environmental group but appreciating the group's environmental stewardship d. an environmental group disagreeing on what policy goals to pursue