Answer the following statement(s) true (T) or false (F)
1. The government can combat inflation by slowing aggregate demand.
2. A contractionary fiscal policy attempts to combat recession.
3. Discretionary fiscal policy relies on changes in taxes and/or spending.
4. Federal borrowing can benefit the economy when it supports income and spending levels.
5. The evidence from the 1980s supports the outcomes predicted by the supply-side economists.
1. T
2. F
3. T
4. T
5. F
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Political philosopher John Locke proposed that people are born with natural rights and that government cannot violate these rights. Locke argued that the basis for government, or human laws, is
a. that Congress has a moral obligation to protect green space. b. that the government has full powers to control the people. c. that religious thought is greater than human thought. d. the right and privilege of the elected officials. e. based on the consent of the governed.
Which statement regarding the voting habits of men/women is correct?
A. Both male and female voting reflect very similar points of view. B. The gender gap that is evident between their points of view is new. C. Men are more likely to favor activist policies. D. Women are more likely to favor activist policies. E. Abortion is the largest source of differences between men and women.