Answer the following statement(s) true (T) or false (F)
1. A Keynesian diagnosis of economic downturn blames lack of demand and suggests that the solution is minimal intervention.
2. The economic model of Germany is best defined as liberal market economy.
3. Globalization is the rapid increase in the flow of economic activity, technology, and communication around the globe.
4. The Japanese model of regulated capitalism is known as the developmental state.
1. False
2. False
3. True
4. True
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Prior to 1937, Supreme Court activism was generally __________; after 1937, it became __________.
A. conservative; even more so B. conservative; liberal C. liberal; conservative D. liberal; even more so E. nonexistent; slightly more common
Why does democracy often look inefficient to most Americans?
a. Our system for electing officials is overly cumbersome. b. Many Americans do not actively participate in politics. c. The United States has some of the highest levels of political corruption. d. Disagreements and conflict prolong decision making.