In 2004, Congress, Supported by the Bush Administration, Passed a Law

question 134

Multiple Choice

In 2004, Congress, supported by the Bush administration, passed a law called the American Jobs Creation Act that gave businesses a one-year special tax break on any profits accumulating overseas that were transferred to the United States. What was the intent of this law?

• A) To raise revenue for the government to fund its massive defense spending and to create jobs in the defense industry
• B) To discourage U.S. firms from investing in foreign countries
• C) To create jobs and spur investment in the U.S.
• D) To free up much needed funding for domestic firms in the face of an impending financial crisis

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Definitions:

Behaviourists

Psychologists or researchers who focus on observable behaviors rather than internal processes such as cognition and emotion, emphasizing the learning process, particularly through reinforcement and punishment.

Behaviourist Approach

A psychological perspective that emphasizes the study of observable behaviors and the effects of learning and reinforcement on behavior.

Personal Growth

The process of developing and improving oneself through self-awareness, gaining new skills, and overcoming challenges.

Carl Rogers

An influential American psychologist who founded the person-centered approach to psychology, emphasizing the importance of self-actualization and unconditional positive regard.