9.  A “command economy”:   A.  Is where the state sets the a…

9.  A “command economy”:   A.  Is where the state sets the amount of aggregate production (supply) and sectorial economic priorities, and owns the means of productions B.  Is a major feature of communist economies C.  Is a derogatory term used in the West to describe the economic system of former Soviet-bloc countries D.  All the above

Which of these is NOT an example of fiscal policy?   A.  Co…

Which of these is NOT an example of fiscal policy?   A.  Congress raises taxes on the “one-percenters” to help balance the budget B.  The Federal Reserve Bank buys and sells treasury notes, bonds, and other instruments to influence interest rates C.  Congress appropriate funds to upgrade the interstate highway system D.  Congress approves more scholarships and loans to higher education

6.  The following is true except: A.  The Chief Justice is t…

6.  The following is true except: A.  The Chief Justice is the President of the Senate B.  The House of Representatives consists of 435 members C.  The US Vice President is part of the executive branch as well as the President of the Senate D.  The US Senate consists of 100 members

All the following is true of the German economy, except:  …

All the following is true of the German economy, except:   A.  It was industrialized before the British economy B.  It embraced welfare and workers active involvement in formulating economic policies to defuse pressure from and limit the attractiveness of communists and other leftist groups in the time of Bismarck C.  Compared to the American economy, it involves more state involvement D.  It involves the principle of “co-determination”