Examen

PA 315 Exam #1 || with 100% Verified Solutions.

0 veces vendidas

Grado
PA 315

Institución
PA 315

Govern-business relations are largely defined by the: correct answers complementary, cooperative, and conflicting roles The US model of government-business relations has shown a great deal of government intervention in private production of goods and services, the heavy use of government strateg...

[Mostrar más]

Vista previa 2 fuera de 10 páginas

Ver ejemplo

Subido en 29 de septiembre de 2024
Número de páginas 10
Escrito en 2024/2025
Tipo Examen
Contiene Preguntas y respuestas

govern business relations are largely defined by t

Institución PA 315
Grado PA 315

Seguir

FullyFocus

Miembro desde 2 año 549 documentos vendidos

11,08 €

Añadir al carrito

Añadir a la lista de deseos

100% de satisfacción garantizada
Inmediatamente disponible después del pago
Tanto en línea como en PDF
No estas atado a nada

PA 315 Exam #1 || with 100% Verified Solutions.
Govern-business relations are largely defined by the: correct answers complementary,
cooperative, and conflicting roles

The US model of government-business relations has shown a great deal of government
intervention in private production of goods and services, the heavy use of government strategies,
and very little regulatory intervention correct answers False (The US Model has shown minimal
government intervention)

Summarizing common opinion among scholars such as Roger Porter, government-business
relations in the U.S. has shown a pattern of correct answers remarkable stability with respect to
the economic, legal, and institutional framework

At the same time the Civil War was going on, Adam Smith published his landmark work, The
Wealth of Nations, which laid the foundation of classical economics correct answers False (same
year continental congress declared independence, 1776)

A mercantilist approach, which advocated an active role of government, was strongly advanced
in the early republic by: correct answers Alexander Hamilton

Proponents of neoliberalism (free market approach) include: correct answers Adam Smith,
Milton Friedman, and Republicans generally

Because of the extent and severity of the global financial crisis of 2008, President George W.
Bush responded in ways reflecting Keynesian theoretical underpinnings. correct answers True

In the ideal, correct answers (Both) Keynesian economics promotes economic stabilization via
countercyclical actions- government saving in good times and spending in bad times AND
supply-side economics encourages economic expansion, which lessens the relative value of debt

Currently, the percentage of the workforce in the U.S. that is employed by government (at all
levels) is approximate: correct answers 14%

Since the end of World War II, the greatest workforce growth has been in the federal
government, followed by state government, with the least at the local government level. correct
answers False

Government (all U.S.) has grown from approximately 23% of the economy in 1950 to currently
(2012) being about: correct answers 34%

The gross federal debt is currently what approximate percentage of the GDP? correct answers
over 100%

High levels of government spending and the addition of government debt helped cause the Great
Depression. correct answers True

, What are the periods of greatest national debt (proportionate to the GDP), related specifically to
periods of war? correct answers World War II and Iraq-Afghan War

Which of the following are generally thought to put pressure on society for the growth of
government? correct answers Wars, Special Interests seeking special assistance, and the
complexity of society (All of the Above)

Because there are essentially no limits on government growth, government expansion is nearly
unstoppable in modern societies. correct answers False

The two oldest roles of government, according to the text, are transportation and education.
correct answers False (Defense and Public Safety)

In colonial times all night watchmen were staffed by volunteers. correct answers False (Property
owners took turns at assigned posts)

When governments provide public education, the text calls that role: correct answers Social
Architect

One of the areas which is commonly thought of as a strength (dubbed 'the good") of government
is: correct answers Providing Economic Stability

Oliver Wendell Holmes famously quipped about taxes: "What is the difference between a
taxidermist and a tax collector? The taxidermist takes only your skin." correct answers False
(Mark Twain said that, Holmes said, "I like to pay taxes. With them I buy civilization.")

When government is given nearly impossible tasks, or is widely attacked on arguments not based
on facts, in the text it is called "the ugly." Which of the following was one of the examples used?
correct answers Prisons

Although the promotion of business interests is a substantial role, the text does not place it in the
top three most important roles. correct answers True

Private sector reform comes solely through the dynamics of the market. correct answers False

Market forces are not as significant for government as they are for the private sector, but are
nonetheless significant. correct answers True

Deregulation of the savings and loan industry in the 1980s is an example of a highly successful
reform initiative sponsored by government. correct answers False

Pressures for government reform come from: correct answers Competitive forces such as for
high quality workers

Los beneficios de comprar resúmenes en Stuvia estan en línea:

Garantiza la calidad de los comentarios

Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!

Compra fácil y rápido

Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.

Enfócate en lo más importante

Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!

Preguntas frecuentes

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

100% de satisfacción garantizada: ¿Cómo funciona?

Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller FullyFocus. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for 11,08 €. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

45,681 summaries were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 15 years now

Empieza a vender

Examen

PA 315 Exam #1 || with 100% Verified Solutions.

Información del documento

Temas

Escuela, estudio y materia

Vendedor

Comentarios recibidos

Vista previa del contenido