In modern terms, a caucus can be defined as
a. an election where party members vote for a nominee of their choice.
b. a two-step process that begins with a meeting of state politicians and ends with a public election.
c. a group of national party officials who decide who should run for office in a given race.
d. a meeting of local party members who meet and select delegates on behalf of a nominee.
d. a meeting of local party members who meet and select delegates on behalf of a nominee.
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The prices of a country's exports relative to its imports are known as the _________
a. trade balance c. terms of trade b. equity of trade d. trade level
Unlike Keynesians, supply-side theorists argue for a stable money supply achieved by focusing on ______.
a. inflationary pressures b. unemployment rates c. lowering tax rates d. attracting consumer savers