Statistical Data for the 1970s and 1980s Suggest That

question 93

Multiple Choice

Statistical data for the 1970s and 1980s suggest that

• A)the Phillips Curve was stable.
• B)the Phillips Curve was unstable.
• C)low levels of unemployment were consistently associated with high rates of inflation.
• D)the inflation rate was highly stable.

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Definitions:

Judicial Review

The power of courts to assess the legality of laws and government actions and to declare them unconstitutional if they violate constitutional principles.

Stare Decisis

A legal principle that obligates courts to follow the precedents set by previous decisions when making rulings.

Writs of Certiorari

Orders by a higher court to a lower court to send up the records of a case for review, often used by the U.S. Supreme Court to select specific cases for consideration.

Equal Protection of the Law

A constitutional principle that requires states to treat all citizens equally under the law, prohibiting discrimination on the basis of race, religion, gender, or national origin.