All of the following are TRUE of monetarism in the United Kingdom EXCEPT that it
a. reflected a radical change from the postwar consensus regarding economic management.
b. signaled a rejection of Keynesian economics.
c. called for a widespread nationalization of industries.
d. assumed that there is a natural rate of unemployment set by the market.
e. indicated that government intervention in the economy should be limited to the manipulation of the money supply to keep inflation low.
Q. 2Why do some historians regard Bacon's New Atlantis as the first modern utopia?
a. It was one of the more recent visions for a perfect society.
b. Its politics are progressive.
c. It was based on science.
d. It is less radical than Plato's Republic.
e. Its author expected it to serve as a precise blueprint for the future.
Q. 3To circumvent the right to vote given to African Americans under the Fifteenth Amendment (1870), southern states employed the white primary to limit the political influence of blacks. In Smith v. Allwright (1944), the Supreme Court held that
a. primaries based on race were illegal.
b. poll taxes and literacy tests were unconstitutional.
c. the primaries were a matter for party control and could not be regulated by government.
d. poll watchers and registrars must be dispatched by the U.S. Justice Department to nine southern states andparts of seven others.
Q. 4All of the following are TRUE about the collectivist consensus that existed in Great Britain following World War II EXCEPT that it
a. was inspired by the suffering shared by Britons during World War II.
b. led to the direct ownership by the British state of its key industries.
c. accepted the policy of full employment.
d. led to the expansion of the social welfare state and its services.
e. was only promoted by a succession of left-leaning Labour governments until the 2008 global economic crisis.
Q. 5According to Bacon, science is the key to
a. selection and training of good citizens..
b. improving the human condition.
c. religious tolerance.
d. protection of the people from outside evils.
e. economic security.
Q. 6Major factors that help explain nonparticipation in politics include
a. age of the voter.
b. socioeconomic status of the citizen.
c. income level of the citizen.
d. All of these choices.
Q. 7As an approach to economic and social policy in the United Kingdom, neoliberalism supports
a. increased social spending.
b. the promotion of market competition and entrepreneurship.
c. government intervention in the economy through the use of nationalized industries.
d. decreased foreign investment to limit Britain's exposure to the forces of globalization.
e. all of these.
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