If increased government purchases result in a budget deficit, crowding out suggests that
a. higher interest rates result in a decrease in private investment spending
b. higher taxes result in a decline in personal consumption expenditures
c. funds used to finance transfer payments are used instead for national defense
d. funds used to finance national defense are used instead for transfer payments
a. higher interest rates result in a decrease in private investment spending
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Which state has a system in which the presidential candidate who carries each congressional district gets that electoral vote?
a. Maine b. New Jersey c. Alaska d. California
Andrew Jackson's famous (if perhaps apocryphal) comment that, "John Marshall has made his decision; now let him enforce it," illustrates the fact that
A. only the president can decide whether or not Supreme Court decisions will be enacted. B. elected officials can safely ignore the decisions of the Supreme Court, because few offices experience as much turnover as that of the Supreme Court justice. C. the Supreme Court did not always have the institutional power to enforce its decisions that it enjoys today. D. the decisions of the Supreme Court have little relevance outside the cloistered world of the legal profession. E. the Supreme Court lacks any institutional means to implement its decisions.