A. the states inefficiency
B. the tenth amendment
C. urban influence on the states
D. excess state revenues
Related Mcqs:
- According to supply-side economists if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?
A. aggregate supply will increase , aggregate demand will decrease
B. aggregate supply will increase, aggregate output will increase and the price level will decrease
C. aggregate supply will increase aggregate output will increase and the price level will increase
D. both aggregate supply and demand will increase and the price level will increase - A way of helping depressed regions by having lower wages, lower local taxes and lower unemployment benefit has been suggested as ?
A. market orientated economists
B. left-wing theorists
C. Keynesian
D. New-Keynesian - During and after a depression the government can use fiscal policy through its powers of_____________?
A. spending and taxation
B. wage regulation
C. income ceilings
D. bank regulation - According to the paradox of thrift increased efforts to save will cause ?
A. an increase in income and an increase in overall saving
B. a decrease in income and an overall decrease in saving
C. a decrease in income but an increase in saving
D. an increase in income but no overall change in saving - The decline of unskilled factory jobs has increased black unemployment The situation is a result of______________?
A. structural discrimination
B. individual discrimination
C. nature of life
D. personal discrimination - The federal system is contrasted with a (n)_______________?
A. unitary system
B. confederate system
C. catholic system
D. BOTH unitary and confederate systems - The federal system has worked particularly well in_________________?
A. large sized countries with regional differences
B. small homogeneous countries
C. small urban industrial countries
D. large homogeneous single religion countries - Federal legislation has sometimes been prompted by_____________________?
A. outright opposition by state governments to federal law
B. a general lack of financial resources and professional expertise at the state level
C. inefficiency and sluggishness of state administrations
D. all of the above - The Federal Reserve Bank regulates the money supply by__________________?
A. establishing minimum reserve requirements of member banks
B. the discount rate it charges member banks
C. buying and selling government securities
D. all of the above - If injections are less than withdrawals at the full-employment level of national income, there is ?
A. an inflationary gap
B. hysteresis
C. A deflationary gap
D. hyperinflation
