Democracy tends to best promote freedom when there is
a. unrestrained executive and legislative majority power.
b. constitutional protection of private property rights.
c. a large and centralized government sector.
d. all of the above.
B
Economics
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The twelve district banks of the Federal Reserve System were created to decentralize power and to respond to the public's fears of the monopoly power of a single central bank such as the Bank of England or the Bank of Japan
a. True b. False Indicate whether the statement is true or false
Economics
If there is an unanticipated decrease in aggregate demand, which of the following is most likely to occur?
a. an increase in the price level b. a reduction in employment c. an increase in the growth rate of real GDP d. an increase in consumption
Economics