The president of the United States is invited to the NBA (National Basketball Association) opening ceremony to shoot the first ball into the basket and declare the basketball season open. In this scenario, the president will be fulfilling the role of _____

What is the central tenet of supply-side economics?

A) Lowering tax rates will stimulate so much additional productive economic activity that the government will raise more in revenues than if tax rates were maintained at a higher level. B) Modest adjustments can be made in the fiscal policy as long as the deficits never grow too large, and these adjustments will eventually pay off any budget shortfalls. C) Progressive tax rates ensure that the economy is stimulated by the most productive elements of society and so all budget shortfalls will be paid off. D) Large tax cuts coupled with increases in defense spending and continued high spending will eventually stimulate a flagging economy to generate surplus revenue. E) Unexpected economic growth can be managed by offering large tax cuts and increased defense spending.

What does cultural imperialism mean? Is it real? Who should be concerned about its consequences? What, if anything, should be done about it? If nothing should be done about it, why not? Support your answer with empirical and logical evidence

What will be an ideal response?