Deficit spending without fueling inflation is possible through government borrowing. This approach was used by all recent presidents except for:

A. George W. Bush
B. Ronald Reagan
C. Jimmy Carter
D. Barack Obama

C

Political Science

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Which of the following was NOT an effect of import substitution industrialization (ISI)? a. It achieved rapid economic growth

b. Industries that received government subsidies had less incentive to produce c. Particular groups - such as commercial farmers and union workers - benefited under ISI and provided a strong base of support for this development strategy. d. It led to a decrease in urban and rural poverty. e. It led to the development of a sizeable informal sector in Mexico.

Political Science

The game of nuclear "chicken" is also known as

a. massive retaliation. c. détente. b. rollback. d. brinksmanship.

Political Science