A developing country wants to attract foreign businesses to spur economic growth. However, many prospective investors complain that the legal environment is not sufficient to protect commercial investments. Which of the following approaches would best help resolve this issue?
a. Give the government partial ownership of all domestic industries.
b. Create and enforce property ownership laws.
c. Eliminate taxes on foreign income.
d. Invest in broadband and other communications infrastructure.
b. Create and enforce property ownership laws.
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Why were the Founders so worried about establishing "pure democracy"?
What will be an ideal response?
If there are some very deviant scores in the population, the best measure of central tendency is the
A) Mean. B) Median. C) Mode. D) Variance.
The __________ supervises the development of the president's budget
A) Council of Economic Advisers B) comptroller general C) Federal Reserve Board D) Office of Management and Budget (OMB) E) Budget Control Board
Answer the following statement(s) true (T) or false (F)
1. Interests groups are involved in elections in a variety of manners, not just by providing financial resources. 2. An individual who enjoys collective goods while also helping to secure them would be a free rider. 3. When a group member is rewarded with new connections and access to other members of the group through participation in the group, he/she is receiving a social benefit. 4. Labor groups account for the largest number and the largest amount of campaign donations of all categories.