A default is an example of a drastic action, economically speaking, because it __________.

A. bolsters lenders' confidence, but results in cutoff of future loans
B. obliterates lenders' confidence, but results in future loans
C. obliterates lenders' confidence and results in cutoff of future loans
D. bolsters lenders' confidence and results in future loans

Answer: C

Political Science

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Cathy is the lieutenant governor of Texas. She co-chairs the Legislative Budget Board along with the Speaker of the House

Indicate whether the statement is true or false.

Political Science

Constructivists argue that state identities are constructed through socialization. Based on the definition of the term, ALL BUT WHICH of the following are likely agents of socialization?

A. The media B. Elements of power C. Education D. Public discourse E. Government institutions

Political Science