1. What economist do conservatives generally agree with?
2. Define business cycle.
3. What economist do liberals generally agree with?
4. What is inflation?
5. What is the primary purpose behind the Federal Reserve Board?
6. Define entitlement.
7. How much of the U.S. budget goes to mandatory spending?
8. What is the biggest expenditure in the U.S. budget?
9. What is the maximum amount of time a person can spend on "welfare" in their entire life?
10. How does the size of America's welfare state compare to other modern industrialized democracies?
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Go to the feedback assignment for textbook assignments 3-10, click on the link and you can find the chapters for all assignments there.
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