A Speaker Who Argues That All Americans Should Support Freedom

question 38

Multiple Choice

A speaker who argues that all Americans should support freedom, but never really defines what he or she means, is capitalizing on the ambiguity of language, also known as:

• A) Composition and division
• B) Red herring
• C) Equivocation
• D) Hasty generalization

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Definitions:

Economic Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in GDP, real income, employment, industrial production, and wholesale-retail sales.

Keynesian View

An economic theory proposing that government intervention, through monetary and fiscal policy, can mitigate the adverse effects of recessions and depressions.

Balanced Budget

A financial statement demonstrating that revenues and expenditures are equal, leading to no deficit for the period.

Fiscal Policy

Government strategies for adjusting its spending levels and tax rates to influence a nation's economy.