Surveys of American voters reveal_______________?
Correct answer: D. a general cynicism about government
- A. a general support of the government
- B. full support of democratic principles
- C. the majority of people and political leaders are equally committed to democratic values
- D. a general cynicism about government
Explanation
Although Americans may support democratic ideals, surveys commonly show distrust and dissatisfaction with government institutions. This broad scepticism is described as general cynicism about government.
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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.
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