Which of the Following Best Supports Allan Meltzer and Scott

question 20

Multiple Choice

Which of the following best supports Allan Meltzer and Scott Richard's argument that government grows in a democracy because of the equality of suffrage?

• A)Working- and middle-class voters will support more generous Social Security and Medicare benefits.
• B)Economically disadvantaged voters will support increased defense spending.
• C)Wealthy voters will support progressive taxation.
• D)Veterans will support reducing the influence of the military-industrial complex.

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Definitions:

Three-Phase Cycle

A conceptual model describing the three stages of economic cycles: expansion, peak, and recession.

OPEC

The Organization of the Petroleum Exporting Countries, an intergovernmental organization of oil-exporting countries that coordinates and unifies petroleum policies among Member Countries.

Quadrupled

To increase or be increased fourfold.

Misery Index

An economic indicator that adds the unemployment rate to the inflation rate, purportedly to measure the health of an economy and the discomfort it may cause its citizens.