In Fiscal Year 2011,the U

question 2

Multiple Choice

In fiscal year 2011,the U.S.government ran a deficit of about $1,300 billion.In fiscal year 2012,the government ran a deficit of about $1,087 billion.Other things the same,this change would be expected to have

• A)decreased interest rates and investment.
• B)decreased interest rates and increased investment.
• C)increased interest rates and investment.
• D)increased interest rates and decreased investment.

Define hate crimes and understand their legal and social consequences.

Relate the death penalty to historical patterns of racial bias.

Understand the concept of grand apartheid and its manifestation of racism.

Understand the concept of the digital divide and its implications on society.

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Definitions:

Frederic Bastiat

A French economist and writer known for his theories on free markets and the unseen economic consequences of government intervention.

Free Trade

An economic policy that allows imports and exports between countries with minimal or no tariffs, quotas, subsidies, or prohibitions to encourage international trade.

Protection

Policies or measures taken by a government to shield its domestic industries from foreign competition, often involving tariffs or quotas.

Gasoline Prices

The cost per unit of gasoline, influenced by factors such as crude oil prices, refinery processes, taxes, and demand.