Explain how a negative income tax would work.
What will be an ideal response?
Each family would file its tax statement, and those earning below the established minimum would receive a rebate or subsidy, while those above that level would pay taxes much as usual.
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How does foreign direct investment compare with indirect portfolio investment?
A. Foreign direct investment involves investments such as owning a factory, company, or real estate in a foreign country, whereas indirect portfolio investment involves such things as buying stocks and bonds or making loans to a foreign company. B. Foreign direct investment involves investments such as owning a factory, company, or real estate in a foreign country, whereas indirect portfolio investment involves such things as taking loans from a foreign company. C. Foreign direct investment involves actions such as trading in the currency of a foreign country, whereas indirect portfolio investment involves such things as buying stocks and bonds or making loans to a foreign company. D. Foreign direct investment involves making loans to a foreign company, whereas indirect portfolio investment involves taking loans from a foreign company.
A country undergoing a double transition faces which of these challenges?
a. Leaders of pro-democracy movements typically have little of the political experience needed to govern effectively. b. Because of the rapid change of both political and military leadership, the country is vulnerable to foreign invasion. c. Newly-elected leaders may be reluctant to privatize industries because of concerns about the resulting unemployment. d. The shift from agricultural to industrial production combined with a policy of toleration makes the problem of brain drain worse than usual.
An iron triangle is an informal three-way relationship that develop among key legislative committees, the bureaucracy, and interest groups with a vested interest in the policies created by those committees and agencies
Indicate whether the statement is true or false.
Until ______, political parties paid for primaries, relying on hefty candidate filing fees to fund these elections.
a. 1910 b.1950 c. 1981 d. 1972