Which economist developed the theory of monetarism?

A. Walt Rostow
B. Adam Smith
C. John Maynard Keynes
D. David Ricardo
E. Milton Friedman

Answer: E

Political Science

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The Office of Management and Budget is one of the most powerful agencies in Washington because it

A) audits the workings of the IRS to ensure fiscal responsibility. B) appropriates funds to other departments and agencies. C) oversees the operation of the executive branch and the bureaucracy. D) assists in the preparation of the federal budget and monitors federal agencies throughout the year. E) authorizes all budget resolutions and guides the budget through approval in Congress.

Political Science

In most states, candidates for office are chosen by

A. open elections. B. party leaders. C. primary elections. D. conventions. E. delegations.

Political Science