Most Economists Agree That While There Are a Seemingly Endless

question 61

Multiple Choice

Most economists agree that while there are a seemingly endless number of ways to promote economic development:

• A) there are just as many ways to measure effectiveness.
• B) there are few ways to measure their effectiveness.
• C) there is no way to determine which ways are the best.
• D) there is no need to measure effectiveness.

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Definitions:

One-House Congress

A legislative body with a single chamber or house, as opposed to bicameral systems with two houses.

Veto Power

The constitutional right to reject a decision or proposal made by a law-making body.

Constitutional Convention

The gathering in 1787 where the United States Constitution was drafted, replacing the Articles of Confederation and forming the foundation of U.S. law and government.

Economic Elite

A group within society that holds significant economic power and influence, often controlling large portions of wealth, resources, and means of production.