Which of the following Governors was an attorney?
a. Bill Clements
b. Mark White
c. Ann Richards
d. George Bush
e. Rick Perry
B
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Why don't fiscal policy and divided government work well together?
A) When government is divided, it is difficult to enact fiscal policy quickly in response to changing economic conditions. B) When government is divided, fiscal policy can't be initiated or approved by a majority in either the House or the Senate. C) The division of the government prohibits an accurate assessment of the economy as both sides protect their own visions of what needs to be done. D) The division of the government enables independent opinions to emerge that cannot raise a majority of support for their fiscal policy. E) The division of the government creates a fiscal policy that encourages debt by creating too many government programs.
What are transaction costs?
a. fees associated with the Electoral College b. the costs only associated with the enactment of laws c. the time, effort, and resources required to make collective decisions d. the money necessary to inhibit specific types of actions