PPOG 502 Quiz 3

PPOG 502 Quiz 3 Liberty University

Covers the Learn material from Module 5: Week 5 – Module 6: Week 6.

1. Gwartney et al. say that there is little incentive for voters to be well-informed about candidates or political issues. Economists refer to this problem as
2. Herbert Hoover reacted with economic intervention after the stock market crash of 1929. After the stock market decline in 1987, Reagan
3. According to Gwartney et al., special interest groups will use the democratic political process to
4. A budget deficit occurs when
5. According to Gwartney et al., politicians who are motivated by their inner sense of what is right and who reject the appeals of special interest groups are
6. As an example of the failure to “think past stage one,” Thomas Sowell pointed out that after the passage of the Americans with Disabilities Act in 1992,
7. When Gwartney et al. says that citizens can “vote with their feet,” they mean that
8. Wage and price controls imposed by President Nixon in 1971 caused
9. Since 1960, the U.S. federal government has
10. The national debt is
11. Followers of English economist John Maynard Keynes argued that:
12. When the Reagan administration abolished the last of the price controls on oil,
13. Mises said, “when the government interferes with the market, it is more and more driven towards
14. Gwartney et al. suggests, toward the end of the assigned reading, that if the price level increases by more than four percent annually for two consecutive years,
15. Thomas Sowell argues in the assigned reading that there is a tendency for politicians to
16. Which of the following goods or services fits the definition of a public good, as defined by Gwartney et al.?
17. Overall, voting will
18. Economists refer to lobbying for wealth transfers and other political favor-seeking activities as
19. Mises, in the assigned reading on inflation, notes that
20. Politicians sometimes trade votes to get the necessary support to pass the legislation they want. This is called

Set 1

1. Gwartney et say that there is little incentive for voters to be well-informed about candidates or political issues. Economists refer to this problem as
2. Mises, in the assigned reading on inflation, notes that
3. Wage and price controls imposed by President Nixon in 1971 caused
4. Since 1960, the S. federal government has
5. Politicians sometimes trade votes to get the necessary support to pass the legislation they This is called
6. According to Gwartney et , special interest groups will use the democratic political process to
7. Mises said, “when the government interferes with the market, it is more and more driven towards .”
8. The national debt is
9. Economists refer to lobbying for wealth transfers and other political favor-seeking activities as
10. When the Reagan administration abolished the last of the price controls on oil,
11. Thomas Sowell argues in the assigned reading that there is a tendency for politicians to
12. A budget deficit occurs when
13. According to Gwartney et , politicians who are motivated by their inner sense of what is right and who reject the appeals of special interest groups are
14. Which of the following goods or services fits the definition of a public good, as defined by Gwartney et ?
15. When Gwartney et says that citizens can “vote with their feet,” they mean that
16. Followers of English economist John Maynard Keynes argued that:
17. Herbert Hoover reacted with economic intervention after the stock market crash of After the stock market decline in 1987, Reagan
18. Gwartney et suggests, toward the end of the assigned reading, that if the price level increases by more than four percent annually for two consecutive years,
19. As an example of the failure to “think past stage one,” Thomas Sowell pointed out that after the passage of the Americans with Disabilities Act in 1992,
20. Overall, voting will

Set 2

1. Mises, in the assigned reading on inflation, notes that
2. Followers of English economist John Maynard Keynes argued that:
3. Mises said, “when the government interferes with the market, it is more and more driven towards
4. Which of the following goods or services fits the definition of a public good, as defined by Gwartney et al.?
5. Gwartney et al. say that there is little incentive for voters to be well-informed about candidates or political issues. Economists refer to this problem as
6. Economists refer to lobbying for wealth transfers and other political favor-seeking activities as
7. A budget deficit occurs when
8. When the Reagan administration abolished the last of the price controls on oil,
9. Herbert Hoover reacted with economic intervention after the stock market crash of 1929. After the stock market decline in 1987, Reagan
10. Overall, voting will
11. As an example of the failure to “think past stage one,” Thomas Sowell pointed out that after the passage of the Americans with Disabilities Act in 1992,
12. Since 1960, the U.S. federal government has
13. Thomas Sowell argues in the assigned reading that there is a tendency for politicians to
14. According to Gwartney et al., politicians who are motivated by their inner sense of what is right and who reject the appeals of special interest groups are
15. Gwartney et al. suggests, toward the end of the assigned reading, that if the price level increases by more than four percent annually for two consecutive years,
16. Wage and price controls imposed by President Nixon in 1971 caused
17. Politicians sometimes trade votes to get the necessary support to pass the legislation they want. This is called
18. According to Gwartney et al., special interest groups will use the democratic political process to
19. When Gwartney et al. says that citizens can “vote with their feet,” they mean that
20. The national debt is