When the government must pay for fighter planes based on commitments made five years previously the spending the spending is called________________?

Related Mcqs:

1. Manipulation of taxation and spending levels is______________?

   A. fiscal policy
   B. monetary policy
   C. incomes
   D. revenue policy

2. Total planned OR desired spending in the economy as a whole within a given period is called_____________?

   A. pent-up demand
   B. aggregate demand
   C. elastic demand
   D. excess demand

3. In order for power to be legitimate a government must have_____________?

   A. the ability to coerce agreement
   B. legitimate authority
   C. a charismatic leader
   D. a strong army

4. When the American Cigar Co buys a pizza chain the process is called________________?

   A. monopoly
   B. diversification
   C. planned obsolescence
   D. takeover attempt

5. Income received by firms that is not returned to households or other firms is called________________?

   A. savings
   B. withdrawals
   C. unbalanced exchange
   D. exchange flow

6. When people’s beliefs about the inferiority of a certain group undergo change the process is called________________?

   A. social change
   B. cultural change
   C. political change
   D. radical change

7. The relationship of organisms to their environments is called________________?

   A. physical
   B. chemical
   C. ecological
   D. astral

8. The practice of U.S corporations’ moving’s their production facilities abroad is called________________?

   A. multinationalism
   B. insourcing
   C. diversification
   D. Oligopoly

9. The nuclear family form is also called________________?

   A. conjugal
   B. consanguine
   C. procreational
   D. extended

10. Government based on the rule of either the landed gentry the educated and privileged or the hereditary nobility is called_______________?

    A. aristocracy
    B. oligarchy
    C. republicanism
    D. democracy