Which of the following is an example of fire alarm oversight?
a. Responding to a high volume of constituent complaints with an investigation into an agency
b. Appointing inspectors general to perform regular inquiries into executive branch activities.
c. The Agriculture Committee scheduling periodic hearings to audit the expenditures of the Department of Agriculture
d. Requiring regular reports from agencies and reading them carefully to discover violations
a. Responding to a high volume of constituent complaints with an investigation into an agency
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According to the efficient market hypothesis, financial markets _____ all relevant information about securities into their prices
A) quickly absorb B) ignore C) slowly respond to D) compare E) are irrational about
Which of the following statements is most accurate regarding the formulation of foreign policy?
A. The State Department tends to take a long-term view of world affairs, while the National Security Council focuses on short-term objectives. B. The president focuses on long-term objectives, while the State Department and the National Security Council tend to focus on short-term goals. C. The State Department and the National Security Council focus on long-term objectives, while the president tends to focus on short-term goals. D. The State Department, the National Security Council, and the president all maintain the same foreign policy objectives and are careful not to have competing viewpoints. E. The National Security Council tends to take a long-term view of world affairs, while the State Department focuses on short-term objectives.