The federal budget acts as a component of fiscal policy by
A. stimulating the economy as deficits are reduced
B. stimulating the economy as deficits are increased
C. controlling the growth of the money supply
D. changing the discount rate
B
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One formidable barrier to PAC influence is
a. the express prohibition in the Constitution against PACs contributing money to politicians. b. many issues generate conflicts among interests so politicians have access to PAC money no matter what side they take. c. the press keeps such a close watch on the financial activity of PACs and politicians and it is very hard to buy real influence. d. the complicated reported and filing requirements of the Internal Revenue Service.
Senator John Bricker ______ unsuccessfully fought in the 1950s to amend the Constitution to prohibit ratification of ______________, arguing that a treaty should “become effective in the United States only through legislation which would be valid in the absence of the treaty.”
Fill in the blank(s) with the appropriate word(s).