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POLI 330 /POLI 330 WEEK 6 QUIZ. QUESTIONS AND ANSWERS
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  • POLI 330
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  • DeVry University

POLI 330 /POLI 330 WEEK 6 QUIZ. QUESTIONS AND ANSWERS.Question 1 3 / 3 pts (TCO 7) Radicals use the term “political economy” instead of “_____,” which is a hard sell these days. Late capitalism Correct! Marxism Pure market system Utilitarianism Chapter 16...

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  • February 16, 2022
  • 4
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

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  • poli 330 week 6 quiz
  • poli 330 poli 330 week 6 quiz questions and answers
  • radicals use the term “political economy” instead of “
  • ” which is a hard sell these days
  • describe british economist john

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  • POLI 330
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POLI330 quiz week 6
Question 1
pts
(TCO 7) Radicals use the term “political economy” instead of “_____,” which is a hard sell
these days.

Late capitalism

Correct!

Marxism


Pure market system


Utilitarianism

Chapter 16, page 261

Question 2
pts
(TCO 7) Describe British economist John Maynard Keynes’ proposal to cure economic
depressions.

Keynes suggested infusing the economy with government funds to promote spending.

Keynes advocated for “trickle-down” economic policies.


Keynes argued for stronger stimulus packages to corporations and small businesses.
Correct!

Keynes proposed to cure depressions by dampening the swings of the business cycle.
Chapter 16, page 262

Question 3
pts
(TCO 7) The 1973 Mideast war allowed members of the Organization of Petroleum
Exporting Countries (OPEC) to _____.

sell to nations in Eastern Europe


export to Japan and China

Correct!

quadruple oil prices

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