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  Figure 15.5     Panel (a)Panel (b)   9) Refer to Figure 15.5. Under a fixed exchange rate system, an expansionary fiscal policy would best be represented by a movement from ________ in Panel (a) and a movement from ________ in Panel (b). A) point A to point B; point X to point Y B) point B.
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11.Which among the following is a Crown (state-owned) corporation? a.VIA Rail b.Nortel Networks c.Inco d.BlackBerry 12.In recent years, Canada and the United States have been at odds over _________. a.development assistance b.cross-border regions c.softwood lumber d.the Great Lakes 13.Who among the following would be most likely to support a“welfare state”? a.John Maynard Keynes b.Brian Mulroney c.Ronald Reagan d.Stephen Harper 14.In the 1970s, the Keynesian economic.
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MULTIPLE CHOICE 1.Politics as an activity can be defined as a process of influencing, making, and implementing _________. a.collective decisions b.individual responsibility c.harm reduction d.survival mechanisms 2.Those in governing positions who possess the right to exercise power are said to have __________. a.values b.authority c.identities d.unity 3.A country whose governing institutions are able to make and enforce binding rules for people.
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  SHORT ANSWER 1.The Responsibility to Protectreport argues that there is a collective international responsibility to protect in the face of what four major threats to human security? 2.What was the key provision of the NATO alliance formed between the United States, Canada, and several European countries in 1949? 3.What does NO .
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15.5   A Short-Run IS-MP Model of an Open Economy with a Floating Exchange Rate 1) An increase in the real interest rate in the United States will cause the dollar to ________ relative to other currencies and ________ net exports and real GDP. A) appreciate; increase B) appreciate; reduce C) depreciate; increase D) depreciate; reduce 2).
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11.What resolution adopted at an Imperial Conference in 1926 declared that Britain and the dominions (including Canada) are autonomous and in no way subordinate one to another? a.The Constitution Act b.The Balfour Declaration c.The Charter of Rights and Freedoms d.The Empire Declaration 12.At the end of the Cold War, the international system underwent a fundamental.
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  Article Summary   On June 2, 2011, Moody's Investor Services warned that it may downgrade the U.S. government's debt rating unless a “credible agreement on substantial deficit reduction” was reached between Congress and the president by the middle of July. This comes just two months after Standard and Poor's decision to change.
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MULTIPLE CHOICE 1.In 2010, downtown Toronto became “ground zero” in a violent clash between police and demonstrators outside a meeting of the G20. Why had the G20 summit been convened? a.To discuss water exports under the free trade agreement b.To discuss the recovery from the global recession and the European debt crisis c.To discuss.
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  SHORT ANSWER 1. As applied to Canada, Hartz’s founding fragments theory suggests that the Canadian political culture should be analyzed in terms of which “fragments”? 2. What is the definition of a political ideology? 3. Seymour Martin Lipset identifies two key events in the formation of Canadian and American political culture. What are.
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MULTIPLE CHOICE 1.The definition of an interest group is an organization that_________. a.uses pluralist theory to understand political decisions b.pursues common interests while trying to influence public policies c.runs candidates for public office hoping to form the government d.focuses only on the economic needs of its members 2.Pluralist theory contends that interest groups_________. a.represent the diversity of.
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  TRUE/FALSE 1.Most countries in the world are nation-states, in which the total population shares a single ethnic culture. 2.Canadians attach different meanings to the Canadian identity and express multiple and often overlapping allegiances to other identities. 3.The Canadian government has reserved seats in the House of Commons and the Senate for the representation.
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11.Liberal democracy is a political system based on, among other things, fair elections that involve free competition. What is one other key defining feature of liberal democracy? a.Government that is limited by law. b.Arbitrary government decision making. c.Unlimited and absolute majority rule. d.A system that prevents consensus. 12.Deliberative democracy is different from plebiscitary democracy because.
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TRUE/FALSE 1.The NAFTA agreement ensures that Canada is exempted from American trade remedy laws. 2.The NAFTA agreement creates a “supranational” government with institutions to oversee rules in North America. 3.The Canadian government reviews proposals from foreigners to take over Canadian businesses. 4. Class consciousness is relatively high in Canada. 5. Young women are now more.
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  TRUE/FALSE 1.Public interest groups are those that pursue selective benefits for their members that are not generally available. 2.Selective benefits are only available to the members of a specific interest group and are not generally available to the public at large. 3.The structure of Canadian tax laws tends to work against the interests.
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  TRUE/FALSE 1.Aboriginal rights, including the ownership of lands they inhabit, were first protected by the Act of Union in 1840. 2.In 1868, the Nova Scotia legislature passed a motion to secede from Canada. 3.Responsible government is a system in which the powers of the legislature are limited by plebiscites and referendums. 4.The unification of.
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MULTIPLE CHOICE 1.In the text, political culture is said to include the fundamental and widely held political beliefs, orientations, and _________of a political community. a.opportunities b.values c.hobbies d.ethnicities 2.Political socialization refers to ___________________. a.the process by which political culture is passed down b.the process by which political behaviour can be studied and predicted c.the process by which immigrant values.
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11.The text suggests that Canadians generally have a collectivist strand to their political culture, rather than an individualist one, as do many Americans. Which of the following is good evidence that this true? a.Institutions that reflect the economic mode of production b.Greater levels of unionization in Canada c.A less deferential attitude to authority d.A.
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  TRUE/FALSE 1.The collective decisions of a political community tend to mirror the distribution of political power. 2.The idea of deliberative democracy has made little impact on the processes of government decision making in Canada. 3.Political parties have become less democratic in their organizational structure. 4.Liberal democracy necessarily involves establishing a private sphere where government.
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14) Explain when, under a fixed exchange-rate system, expansionary monetary policy may no longer be effective in stimulating the economy. Use the IS-MP model and the net capital outflow curve to support your answer. 15.7   The Policy Trilemma for Economic Policy 1) Which of the goals pursued by policymakers in an open.
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11.La survivance is a strategy to_________. a. prevent English-Canadians from dominating industry and finance in Quebec b. protect the French-Canadian nation by resisting assimilation c. encourage the Quebec middle classes to become Canadian citizens d. relinquish control over language rights to English-Canadians 12.What was the Quiet Revolution? a.An era of political and social change with an.
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MULTIPLE CHOICE 1.The text describes three ways that Canadian history can be studied. One way is in terms of Canada’s evolution from colony to nation. Another way is Canada’s_________. a.relationshipwith the United States b.performance in the two World Wars c.judicial and legal system d.evolutionary democracy 2.What was one of the chief effects of the Royal Proclamation,.
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14.3   Factors That Determine Private Investment 1) John Maynard Keynes described periods of irrational pessimism and optimism that affect the investment behavior of firms as animal spirits. When considering the investment behavior of firms, animal spirits can be thought of as changes in the A) actual marginal product of capital. B) capital.
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  TRUE/FALSE 1.As in other countries, the internet is the leading source of political information for Canadians. 2.At the time of Confederation, the poor were excluded from voting. 3.Low levels of voter turnout have sometimes been blamed on Canada’s electoral system. 4.The small minority of Canadians who do join parties are not typical of broader.
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11.What was a key factor that enabled the Liberal Party to maintain its national dominance after 1993? a.the decline in Quebec separatism and the Bloc Québécois b.the decline of the Reform Party as a Western protest party c.the split between Reform and Progressive Conservatives d.the dip in Liberal support in Quebec and Ontario 12.Which among.
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11.Pluralist theory argues that activities of interest groups result in policies that are _________. a.subject to legal challenge b.very expensive c.in the public interest d.easier to understand 12.The following statements are all things a _________theorist might say. a.rational choice b.Marxist c.state-centred d.public interest 13.The definition of an institutionalized interest group is one that has, among other things, _________. a.a business base b.a.
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4) Sources of foreign currency demand for the U.S. dollar include all of the following except A) foreign firms and households that want to buy goods and services produced in the United States. B) foreign firms and households that want to invest in the United States through foreign portfolio investment. C) foreign firms.
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44) The effects of tax incentive programs such as IRAs and 401(k) accounts suggest that these government programs designed to increase saving lead to A) a decrease in the private capital stock B) decreased labor productivity. C) an increase in the standard of living. D) an increase in the real interest rate. 45) Explain the.
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24) The substitution effect indicates that higher real interest rates ________ current consumption for households who are lenders and ________ current consumption for households who are borrowers. A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease 25) An increase in real interest rates will  ________ current consumption for households who are lenders.
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MULTIPLE CHOICE 1.In the text, three general perspectives on Canada’s place in the world are discussed: the liberal internationalist, peripheral dependence, and _________ perspectives. a.hegemonic state b.commodity c.mediocre power d.complex neo-realism 2.According to John Kirton’s notion of a “principal power,” Canada is a country that is fundamentally concerned with _________. a.its popularity and image on the world.
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  SHORT ANSWER 1.Describe at least three non-political activities that professional associations (such as doctors’ groups or lawyers’ groups) take part in. 2.What are the arguments against government sponsorship and support for interest groups? 3.What was the Court Challenges Program? .
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11. Which was the last province to join Confederation? a.Manitoba b.British Columbia c.Yukon d.Newfoundland 12. Power over _________was still retained by the British government following Confederation. a.natural resources b.foreign policy c.civil law d.human rights 13. What was Prime Minister John A. Macdonald’s National Policy? a.A program to keep oil prices below the international level b.A statute that formalized Canada’s independence from imperial.
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11.In Canada, voter turnout has _________over the past 25 years. a.increased significantly b.decreased significantly c.stayed the same d.increased slowly 12.In Canada, the decline in voter participation rates in federal elections in the early twenty-first century has been blamed on _________. a.generational replacement b.changes to the electors list c.media coverage of elections d.deliberative democracy 13.Of the following, who is least likely.
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MULTIPLE CHOICE 1.Under Canadian law, the fundamental purpose of all political parties is to_________. a.expand the franchise b.organize opposition to the government c.manage public finances d.endorse candidates for elections 2.Brokerage theory maintains that parties _________. a.have rigid ideological principles b.lack coherent ideological programs c.appeal to specific regional interests d.appeal to specific class interests 3.A pattern of electoral competition that emerges between.
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MULTIPLE CHOICE 1.The Canadian economy has been described by economic historians as _________ based. a.staples b.revenue c.import d.low-cost 2.In what sector were the bulk of Canadians employed in 2011? a.Manufacturing b.Services c.Transportation d.Forestry 3.In 2001, the death of Kimberly Rogers in her Ontario apartment revealed that government is sometimes not sympathetic to people in poverty. What was the key issue in.
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MULTIPLE CHOICE 1.Why did 19-year-old Sondos Abdelatif quit her position as a prison guard trainee in 2007? a.She was told she could not wear her hijabwhile on duty. b.She was told she could not pray during her lunch break. c.She was prohibited from distributing religious material to other prison guards. d.She was subject to racial.
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15.1   The Balance of Payments 1) Which of the following transactions would be included in Germany's current account? A) A German citizen purchases a new BMW made in Germany. B) An American citizen purchases 500 shares of BMW stock. C) A German citizen purchases 500 shares of eBay stock. D) An American citizen purchases a.
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  TRUE/FALSE 1.Don Cherry was voted the “Greatest Canadian” by CBC viewers in 2004. 2.Americans are more likely than Canadians to be religious. 3.The political values of Albertans are more individualistic than those of people living in Saskatchewan. 4.The decline in trust and confidence in politicians and political institutions may be part of a general.
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  TRUE/FALSE 1.Canada was a signatory of the treaty establishing the League of Nations following World War I. 2.Although Canada was not directly involved in the Vietnam War, Canadian companies produced many of the armaments used by the United States. 3.Pierre Trudeau gradually phased out the deployment of nuclear weapons during his time as.
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Article Summary   In a report entitled “Surveying the Aftermath of the Storm,” the Federal Reserve announced that household wealth for the average American family fell by 23% between 2007 and 2009, with median net worth declining from $125,000 to $96,000. On average, stock portfolios decreased in value by more than one-third.
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