During a Recession,spending on ________ Tends to Fall More Dramatically

question 230

Multiple Choice

During a recession,spending on ________ tends to fall more dramatically than spending on ________.

• A)necessities; luxuries
• B)durable goods; nondurable goods
• C)nondurable goods; durable goods
• D)food; cars

Describe the mechanisms of checks and balances that limit presidential powers, and how Congress and the judiciary can respond to presidential actions.

Recognize the significant impact of the president's use of military powers both domestically and internationally, and how Congress attempts to regulate it.

Analyze the impact of presidential popularity on governance and how it fluctuates over time according to various factors.

Understand the impeachment process, including the roles and responsibilities of the House and Senate.

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Definitions:

Individuals

Single human beings considered separate from a group or society.

Economic Activity

The actions that involve the production, distribution, and consumption of goods and services in an economy.

Tariffs

Taxes imposed on imported goods and services, which are typically used by governments to protect domestic industries, raise revenue, or exert political leverage.

Trade Restrictions

Regulations or policies that countries adopt to limit the import and export of goods and services, often to protect domestic industries.