Straighterline Final Exam Questions & Answers Graded A+

In which of the following ways is the U.S. free-market system distinct from European economies? - 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: - 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"? - 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:"________." - 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