Neoclassical Economics can best be described as:
a. a body of economic literature from the classical period of Greece
b. a body of economic thought that promotes state intervention in weak industries
c. a body of thought that advocates free markets over state interventions
d. the state-oriented policies implemented by most LDCs in the middle of the 20th century
c. a body of thought that advocates free markets over state interventions
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Which of the following best describes the concept of popular sovereignty?
A) The people are tightly controlled by the government. B) The president is the ultimate governmental power. C) Congress is supreme D) Government is based on the consent of "we the people." E) The Supreme Court is subordinate to no other agency or group.
The Aid to Families with Dependent Children (AFDC) program was created to help support the children of women
A. whose husbands had died laboring in factories. B. whose husbands were disabled from mining accidents. C. whose husbands had perished in disasters. D. born out of wedlock. E. injured by automobile accidents.