All of the following was created during the second wave of the government's regulatory reach EXCEPT for ______.
A. the Federal Trade Commission
B. the Federal Deposit Insurance Corporation
C. the Securities Exchange Commission
D. the Interstate Commerce Commission
Answer: A
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The implied powers of the national government are designed to do whatever is necessary to
A) carry out the expressed powers of the national government. B) carry out the expressed powers of the national and state governments. C) establish the inherent powers of the national government. D) establish the reserved powers of the states.
Which statement best describes the tax burden in the United States?
A. It is lower than that of most other democratic nations. B. It is about the same as that of most other democratic nations. C. It is slightly higher than that of most other democratic nations. D. It is significantly higher than that of most other democratic nations. E. It fluctuates considerably, so comparing it to that of other democratic nations is impossible.
Although Democrats and Republicans often appoint party activists and financial contributors to agencies in the executive branch in return for their support, they do so only when the appointees are qualified for the positions
Indicate whether the statement is true or false
In terms of its early economic development, the United States had at least two advantages that other countries could not easily match. One of these was an enormous amount of cheap capital in the form of land that was taken from Native Americans. What was the other?
a. The wage of U.S. laborers was lower than their European counterparts. b. Britain provided much of the investment that financed the growth of U.S. industry. c. The terms of trade were beneficial to American exporters. d. New industrialized machinery was considerably more fuel efficient and less obsolete than Europeanmachinery stock.