Both the social sciences and the natural sciences employ ________ to help them understand the world around them.
A. implications
B. models
C. experiments
D. traditional thinking
Answer: B
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A sole proprietorship is the type of business that has ________ government rules and regulations affecting it
A) the fewest B) the most C) no D) only federal
Which of the following offers theories to explain why the government, like the private sector, may also "fail"?
A. social economics B. public choice theory C. rational expectations theory D. Keynesian economics
The rate at which the federal government matches state Medicaid expenditures is
A. uniform across the U.S. B. dependent on the state's income and patient load. C. dependent on the state's income. D. dependent on the state's patient load.
Bill's income is $1,000 and his net taxes are $350. His disposable income is
A. $1,350. B. $750. C. $650. D. -$350.