This topic contains a solution. Click here to go to the answer

Author Question: Which of the following was illustrated by the majority voting decisions witnessed during the Great ... (Read 69 times)

@Brianna17

  • Hero Member
  • *****
  • Posts: 550
Which of the following was illustrated by the majority voting decisions witnessed during the Great Depression?
 
  (a) If the U.S. wants to get the most from its resources, the pricing of goods and allocation of investment should be decided by majority voting.
  (b) In a representative democracy, majority voting will assure that approved projects are productive.
  (c) There are good reasons to expect that majority voting will sometimes result in the approval of projects that are inefficient.
  (d) Private firms can force their customers to pay for products they produce, but the government cannot do so.

Question 2

The Federal Open Market Committee is responsible for directing
 
  a. issuing government securities.
  b. setting monetary policy.
  c. setting reserve requirements.
  d. printing money.
  e. All of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cici

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

(c)

Answer to Question 2

B




@Brianna17

  • Member
  • Posts: 550
Reply 2 on: Jun 30, 2018
Wow, this really help


upturnedfurball

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

For a complete list of videos, visit our video library