John Maynard Keynes revolutionized economic thought by suggesting that sometimes the government should revive the economy by

a. eliminating its debt.
b. lowering the interest rate.
c. printing more money.
d. purposely running a deficit.
e. raising taxes.

ANS: D

Political Science

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The fact that an adoption that takes place in Nevada is also recognized in Florida is an example of __________________.

A. Checks and balances B. The full faith and credit clause C. Federalism D. The supremacy clause

Political Science

If a national currency is convertible, it means that __________.

A. it has flexible values B. it can be exchanged for another currency C. citizens can use several different currencies to purchase domestic goods D. its value floats between upper and lower limits

Political Science