Moderate

American military policy has been built on___________________?

Correct answer: A. assured destruction capability

  • A. assured destruction capability
  • B. very large number of troops
  • C. trust in U.S allies
  • D. a spirit of peace in the world

Explanation

During the Cold War, U.S. military strategy relied heavily on deterrence through the assured ability to destroy an attacker, even after suffering a first strike. This is the logic of mutually assured destruction, not simply maintaining a large troop force.

Last updated

About Public Finance

Government revenue and expenditure are analysed through taxation, public borrowing, budgets, subsidies, transfers and public debt. The topic explains how fiscal policy affects resource allocation, income distribution, economic stability and growth, while distinguishing direct from indirect taxes, progressive from regressive taxation, and public goods from goods supplied by private markets.

Practise Public Finance

369 free Public Finance MCQs from Economics, each with the correct answer and an explanation. Unlimited attempts, no account needed.

Exams that ask Economics questions like this

Economics is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.

Related questions