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Does the unequal distribution of property in existing societies violate Locke s requirement that there must be enough and as good left in common for others?

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Does the unequal distribution of property in existing societies violate Locke s requirement that there must be enough and as good left in common for others?

There are two contending grand theories realism and liberalism that attempt to explain why states act as they do in our global system.

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There are two contending grand theories realism and liberalism that attempt to explain why states act as they do in our global system.
a. Compare and contrast the major elements of these two theories.
b. Discuss how each of these theories might be used to explain the U.S. decision to invade Iraq.
c. Explain which of the two seems the most compelling to you and why.

There is only one correct answer per question. select the best answer, even when there are other correct answers. If the Fed reduces a commercial bank s reserve requirements the commercial bank can

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There is only one correct answer per question. select the best answer, even when there are other correct answers.
1 If the Fed reduces a commercial bank s reserve requirements the commercial bank can
a lend the extra reserve to the Fed
b Use the extra reserve to create more money
c eliminate its need for overnight lending
d use the extra reserve amount for facility expansion
2 Economics is about
a efficiency
b how to best use money
c resource allocation
d deciding who is affected by taxation
3 The Fed Chairman is
a elected for up to a maximum of 3 terms
b is the principal government officer in charge of all economic policy
c accountable to the President
d none of the above
4 If a price ceiling is set on gasoline nationwide,
a the economy would experience unprecedented prosperity
b most oil companies would go bankrupt
c supply and demand for gasoline will be at dynamic equilibrium
d shortage of gasoline would be likely
5 Monetary policy
a involves running a surplus and deficit
b involves changing money supply and taxes
c is managed by the Treasury Department
d none of the above
6 If a central bank issues large quantities of money, that
a would be inflationary
b is because some central bank lack independence form political control
c is because they feel that the risk of inflation is less than the risk of economic breakdown
d All of the above
7 Factors of production
a are not the same in different economies
b are only two in free enterprise economies
c include land and labor
d steel mills

8 Relative demand elasticity is high for
a healthcare
b food in general
c hot dogs
d Pepsi and Coke

9 If real income has risen from $4 trillion to $4.2 trillion and the price level went up
by 10 percent, by how much has the nominal income risen?
a $440 billion
b $400 billion
c $360 billion
d none of the above
10 Tax and spend is
a a classical economics concept in nature
b a Keynesian concept in nature
c primarily an emphasis on free enterprise economy
d a little used area of monetary policy
11 The supply curve represents a relationship between
a the producer and the market
b the suppliers and the firm
c price of a product and its production quantity
d produced goods and the economy as a whole
12 When oranges are plentiful as a result of a good growing season, what happens to the market price of oranges?

a It goes up.
b It goes down.
c It widely fluctuates
d None of the above
13 The most important reason for branding is to make a product
a more appealing to the consumer
b relatively more demand elastic
c distinguishable from competing products only
d relatively demand inelastic
14 Keynesian economics favors government spending and is
a a classical economics concept in nature
b essentially not an economic concept
c a part of fiscal policy
d a part of monetary policy
15 In fiscal policy
a the Fed chairman usually recommends policy choices to the government
b the President and the Congress play key roles
c interest rates are not affected by the policy
d deficits are unimportant
16 Economics is mainly about

a efficiency only
b resource allocation
c how to best use money
d deciding who is affected by taxation
17 Economics is
a the science of who gets what and how
b allocation of scarce resources among alternative uses
c authoritative allocation of scarce resources and values
d how totality of a system functions with respect to land, labor and capital

18 Equilibrium price is established when
a Marginal Cost is equal to Average Cost
b Average Revenue is equal to demand
c supply and demand curves intersect
d Marginal Revenue is greater than Marginal Cost
19 Tariffs are
a an import tax
b a restriction on the amount of imports of a foreign good
c Only applied to strategic goods
d none of the above
20 If labor is displaced by technology
a the displaced workers would not be able to find jobs again
b The displaced workers are better off going to a different sector of the economy
c productivity of the firm will be diminished
d re training would be a reasonable strategy for the workers to find new jobs

Discuss 5 reason to trust the government and 5 reasons to not trust the government. This essay needs to be 4 pages long and any references may have used.

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Discuss 5 reason to trust the government and 5 reasons to not trust the government. This essay needs to be 4 pages long and any references may have used.

Prepare a biography of one U.S. Supreme Court Justice. Some areas that should be explored are: When was this Justice appointed and by whom? Where was this Justice educated? What prior judicial experiences has this Justice had?

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Prepare a biography of one U.S. Supreme Court Justice.
Some areas that should be explored are: When was this Justice appointed and by whom?
Where was this Justice educated? What prior judicial experiences has this Justice had?
Name one U.S. Supreme Court Decision where this Justice wrote either the majority or minority position

In which constitutional article is the executive power found?

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1.
In which constitutional article is the executive power found?
A) Article I
B) Article II
C) Article III
D) Article IV
2.
A bill has been approved in the House and Senate, albeit in slightly different versions. The bill now goes to
A) the president for her/his veto or signature.
B) a conference committee.
C) the standing committees in the House and Senate where the bill originated.
D) the House Rules committee.
3.
The Postal Service and AMTRAK are examples of
A) cabinet departments.
B) government corporations.
C) independent agencies.
D) regulatory agencies.
4.
What is the strategy employed in the Senate to prevent a bill from coming to a vote?
A) mark up
B) filibuster
C) cloture
D) pocket veto
5.
A writ of certiorari is issued after what rule is invoked?
A) The rule of nine
B) The rule of eight
C) The rule of four
D) The rule of five
6.
Define inherent powers.
A) Powers held by all sovereign nations allowing executives to take actions required to defend the nation and protect its interests
B) Powers held by all sovereign nations allowing the legislative branch to take actions required to ensure steady commerce and domestic order
C) Powers held by all sovereign nations allowing the judicial branch to take actions required to ensure a constitutional balance of prerogatives among the various branches of the national government
D) Powers moving away from sovereign nations to the international system as a result of the processes of globalization
7.
Legislation whose tangible benefits are targeted solely at a particular legislator s constituency is
A) pork barrel legislation.
B) logrolling.
C) gerrymandering.
D) private legislation.
8.
What is legislative sovereignty?
A) The idea that lawmaking authority in government should be supreme over the executive and judicial powers
B) The idea that lawmaking authority in government should be held by the people
C) The idea that lawmaking authority in domestic affairs is the exclusive purview of the legislative branch
D) The idea that lawmaking authority held by the executive is subject to legislative review by the parliament
9.
Most members of Congress are
A) concerned with national issues, but even more concerned with local ones.
B) controlled by special interest groups.
C) interested only in the work of the subcommittee on which they serve.
D) opposed to the seniority system.
10.
A judicial decision that establishes a rule for settling subsequent cases of a similar nature is a
A) writ of certiorari.
B) landmark decision.
C) writ of mandamus.
D) precedent.
11.
Candidate strategy in the early presidential nominating contests (such as New Hampshire s primary) is designed chiefly to gain
A) momentum.
B) the support of the party s organizational leaders.
C) the support of the party s congressional leaders.
D) the endorsements of newspaper editors.
12.
The dominant political institution(s) during most of the nineteenth century was
A) the president and the executive branch.
B) Congress.
C) the Supreme Court.
D) the bureaucracy.
13.
Which of the following is part of the Executive Office of the President?
A) Office of Science and Technology Policy
B) Council of Economic Advisers
C) National Security Council
D) All of the answers are correct.
14.
According to the U.S. Constitution, if no one candidate receives a majority vote of the Electoral College, who chooses the president?
A) the U.S. Senate
B) the U.S. House of Representatives
C) both the Senate and House in joint session
D) the Supreme Court
15.
Today s Congress differs from the Congress of the nineteenth century in
A) the size of total staff.
B) the proportion of incumbents who successfully run for reelection.
C) the amount of legislation it considers.
D) All of the answers are correct.
16.
Which one of the following statements about the seniority principle is most accurate?
A) The seniority principle is based on length of time the member has spent in Congress.
B) Because of seniority, committee chairs exercise absolute power over their committees.
C) Seniority is no longer absolute in selection of committee chairs, but it is usually followed.
D) Seniority is no longer used at all in the choice of committee chairs.
17.
Which body of the Congress is constitutionally charged with confirming federal judicial appointments?
A) Neither
B) Both
C) The Senate
D) The House
18.
What was the spoils system prominent in the mid to late 19th century based on?
A) Nothing
B) Merit
C) Service
D) Patronage
19.
A concurring opinion
A) explains the chief justice s position on a case.
B) is delivered when a justice decides the same way on a case as the majority, but has a different reason for reaching that decision.
C) is delivered when the Court interprets a constitutional issue.
D) is delivered when at least two justices, but less than a majority, hold the same opinion in a case.
20.
The predictably highest point of public support for a president is
A) during the president s first year in office.
B) after reelection to a second term.
C) immediately after Congress enacts a major presidential initiative.
D) when international conditions are stable.

 
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