Regulation of the money supply and interest rates by a central bank, such as the U.S. Federal Reserve Board, in order to control inflation and stabilize currency is called ____________________

A) fiscal policy
B) monetary policy
C) mandatory spending
D) laissez faire
E) redistributive tax policy

B

Political Science

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How is the failure of the 1961 Bay of Pigs invasion an example of the impact dramatic foreign policy events often have on public support of the president?

A) Support for the president remained unmoved. B) Even as a failure, the event spurred public support for President Kennedy. C) The event spurred public disdain for President Kennedy. D) The failure led to a decline in military support for Kennedy which only then led to a decline in public support.

Political Science

Preferring simple explanations to complex ones is part of the _______ principle

A) covariance B) linearity C) non-spuriousness D) parsimony E) timing

Political Science