Straighterline Final Exam Questions With Complete Solutions

In which of the following ways is the U.S. free-market system distinct from European economies? correct answer: a. its lack of regulatory intervention b. its lack of intervention through taxation c. its lack of intervention through spending policies *d. the extent to which private transactions determine the allocation of economic costs and benefits* e. the extent to which it exercises regulatory intervention by altering interest rates According to the Declaration of Independence, governments get their "just powers" from: correct answer: a. "God Almighty." *b. "the consent of the governed."* c. "the various factions." d. "the teachings of Jesus Christ." e. "the benevolence of a just king." What aspect of America were William Watts and Lloyd Free referring to when they labeled it "the country of individualism par excellence"? correct answer: a. the majoritarian nature of the voting and election system b. the ability of any individual to aspire to high political office c. the judicial nature of American politics, in which any individual can challenge powerful interests *d. the emphasis that Americans place on economic self-reliance and free markets* e. the ability of the individual to join in labor unions and interest groups to pursue his or her political and financial self-interests French philosopher Michel Foucault referred to politics as:"________." correct answer: a. like making sausage b. the burden of citizens c. a means to an end *d. war by other means* e. a necessary evil What new policy was established by the U.S. Supreme Court's landmark Gideon v. Wainwright ruling? correct answer: a. the right to trial by jury b. the need to charge an arrested suspect with a specific crime within 24 hours of arrest c. the requirement that police read a suspect his rights before or during arrest *d. government provision of free legal counsel to the accused if they are too poor to hire a lawyer.* e. the practice of allowing a suspect out on bail until the time of the trial