Answer the following statement(s) true (T) or false (F)
1.Quantitative easing is when central banks buy long-term securities to lower long-term interest rates directly.
2.The Beijing Consensus advocates low inflation and market reforms in developing and developed states
3.Microeconomic policies apply to the economy as a whole, not a specific industry or sector.
4.In the Single Market Act of 1987, the European Community rationalized domestic regulations among its member countries to create a single integrated market with compatible regulations.
1.True
2.False
3.False
4.True
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In the mid 1960s, a widely publicized effort to overrule the reapportionment decisions through constitutional amendment was spearheaded by Senate minority leader _______
a. Howard Baker b. Strom Thurmond c. James Eastland d. Everett Dirksen
New York City has provided over $200 million in tax breaks and utility concessions to keep Chase Manhattan Bank in the city
a. True b. False Indicate whether the statement is true or false
Which statement regarding the homeless is most accurate?
A) ?Those defined as "street homeless" are typically families. B) ?Estimating the number of homeless is difficult because the number varies depending on how "homeless" is defined. C) Those that are classified as "sheltered homeless" receive a government stipend. D) ?The Welfare Reform Act of 1996 reduced the number of homeless because they now receive federal assistance. E) ?Liberals and conservatives are able to agree that a majority of the homeless are alcoholics, drug abusers, and mentally ill.
What is one criticism leveled against universal entitlement programs?
a. They create a distinction between citizens who are autonomous and those who are not. b. They benefit those who don’t need them. c. They pay out more for people than what they take in in revenues. d. Different countries use different standards, so they fail to provide “universal” standards.