A. it takes a long time to pay off debts
B. budget deficits are funded with borrowed money
C. the U.S government never borrows money from foreign governments
D. none of the above
Related Mcqs:
- In one sense of the term everyone is ethnocentric This is because______________?
A. it is virtually impossible not to view people and situations in terms of some of the norms and categories derived from one,s own cultural experiences
B. people are intolerant by nature
C. people are afraid and distrustful of strangers
D. it is impossible to understand another culture or subculture without having been raised in it - The nuclear family is characteristic of industrial societies because______________?
A. most functions are better performed in secondary groups
B. geographic and social mobility are common in industrial societies
C. ascribed status is more important in industrial societies
D. a large family means more hands to work - The jobs of the future will include______________?
A. steel workers
B. routine services
C. personal services
D. All but A - “Future shock”is____________?
A. a phrase used to describe an alien culture
B. the name of a famous movie dealing with a society of the future
C. a phrase used by Alvin Toffler to describe the rapidity of change
D. what the elderly experience in every society when a new generation comes into power - The more consumers are willing to pay for a product_____________________?
A. the more of the product will be produced
B. the less producers will manufacture to raise the price still more
C. the more they go into debt forcing them to stop buying
D. the more expensive the product becomes - When the government must pay for fighter planes based on commitments made five years previously the spending the spending is called________________?
A. discretionary
B. uncontrollable
C. balanced
D. unavoidable - An increase in interest rates ?
A. Is likely to reduce savings
B. Is likely to reduce the external value of the currency
C. Leads to a shift in the MEC schedule
D. Leads to a movement along the MEC schedule - Interest groups may be defined as__________________?
A. groups of people interested in specific legislation
B. groups of people who want to enter politics
C. wealthy and civicminded people with excessive leisure time.
D. coalitions of individuals with similar attitudes and interests who attempt to influence public policy - Which of the following is NOT an interest group ?
A. The National Rifle Association
B. The American Association of Retired people
C. Lobbyists of America
D. The Southern Christian Leadership Conference - A scattered collection of people who share a common interest or a concern about an issue are a (n).
A. group
B. Crowd
C. public
D. audience
