Suppose an economy enjoys a constant price level. If the MPC equals 0.8 and government expenditures increase by $500 billion, while taxes remain stable, real GDP increases by
a. $2,500 billion
b. $2,000 billion
c. $40 billion
d. $4,000 billion
a. $2,500 billion
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How has the ruling reached in Citizens United v. Federal Election Commission changed the way that candidates are funded?
a. Interest groups are no longer able to provide in-kind support such as phone banks or office space for candidates. b. Individuals can now contribute an unlimited amount to a single candidate. c. Corporations and labor unions are now prohibited from contributing money to campaigns either directly or indirectly. d. Independent super-PACs can now make unlimited contributions to federal races.
Consider a situation in which Congress is not pleased with the direction taken by a federal agency. How can Congress punish or otherwise exert control over that agency?
A. By cutting its budget B. By deflecting interest to another issue C. By confirming a nominee to a top agency post D. By implementing one of the agency's programs E. By asking for a pocket veto
Economic integration can lead to what type of peace?
A) Durable peace B) Negative peace C) Negotiated peace D) Positive peace E) Tenuous peace
Which of the following statements about spending by efforts of interest groups to influence government is accurate?
a. The amount of money spent on campaign contributions dwarfs all other types of spending by interest groups. b. Despite public concerns about campaign contributions, the amount of money donated to candidates has decreased. c. Interest groups spend billions more every cycle on lobbying than they do on campaign contributions. d. Most of the attention is focused on campaign contributions, but interest groups spend considerably more on research and television advertising.