Which of the following specifies the procedure for amending the Constitution?

How does a flat tax differ from a regressive tax?

a. Flat taxes are illegal in the United States but are widely used in Europe. b. Flat taxes are attached only to the sale of goods and services. c. Flat taxes tax all entities at the same rate as a proportion of income, whereas with regressive taxes the rate changes according to income level. d. Flat taxes bring in far less revenue than do regressive taxes. e. Flat taxes are very popular with Americans, whereas regressive taxes are not.

Which of the following statements best describes John Maynard Keynes’s view regarding the economy?

a. The best way to emerge from a depression is for government to spend less money. b. A balanced budget is not essential to promote economic growth. c. When a recession occurs, government must raise taxes to pull the country out of the recession. d. Deficits always keep economic growth from occurring. e. The government should have no role in regulating the economy.