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Consider two countries that trade with each other, called X and Y. According to the text, inflation in Country X will have a greater impact on inflation in Country Y under the ____ system. Now, consider two other countries that trade with each other, called A and B. Unemployment in Country A will have a greater impact on unemployment in Country B under the ____ system.
Spoils System
A practice where political party leaders give government jobs to their supporters as a reward for their assistance in achieving victory.
Meritocracy
A system of government or another organization wherein appointments and responsibilities are objectively assigned to individuals based upon their "merits", namely intelligence, credentials, and education, rather than on wealth, race, or social background.
Party Loyalty
The allegiance or fidelity of individuals to a particular political party, often reflected in consistent voting patterns.
Federal Government
The national government of the United States, composed of three branches (legislative, executive, and judicial), established by the Constitution.
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