The Gramm-Rudman Act ______.
a. called for automatic 10 percent cuts on existing programs if Congress couldn’t move toward a balanced budget in a given year
b. established the organizational structure of the House and Senate Budget Committees
c. established a flat tax for those citizens who earn less than $10,000 per year
d. gave the Federal Reserve the power to control monetary and fiscal policy
e. created the Office of Management and Budget
a. called for automatic 10 percent cuts on existing programs if Congress couldn’t move toward a balanced budget in a given year
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Pocketbook and sociotropic calculations can be
a. satisficing. b. a voting paradox. c. standard operating procedures. d. retrospective or prospective. e. transferred.
Answer the following statement(s) true (T) or false (F)
1. Empirical evidence indicates that fiscal activity is higher in countries that use proportional representation than in ones that adopt majoritarian electoral rules. 2. The analysis presented by Fearon and Laitin (1996) suggests that conflict is likely whenever different ethnic groups coexist within a single state. 3. In recent years, economists and political scientists have reached a consensus regarding the exact causal relationship between ethnic heterogeneity and economic growth. 4. Having problems making policy quickly, locating responsibility for policy, and making comprehensive policy are characteristics of presidential systems. Parliamentary systems, particularly those with coalition governments, do not suffer from these problems.
Roughly how many American soldiers lost their lives in the Vietnam War?
A. 35,000 B. 650,000 C. 123,000 D. 427,000 E. 58,000
How does Congress work to prevent some of the abuses of capitalism?
A) by allowing self-regulation in most major industries B) by encouraging government ownership of all business C) by employing the honor code D) by increasing government ownership of key industries E) by establishing laws and regulations