Which of the following is FALSE about the transition from communism to capitalism in Russia and China?
A) China chose a dual track strategy.
B) China's transition strategy was considered gradualist.
C) Russia chose a rapid transition strategy.
D) Russia's transition was aided by the large number of workers it had in heavy industry.
E) China's transition was aided by the large number of workers it had in rural agriculture.
D
You might also like to view...
Norah works as a content writer for an online magazine. Because her work is not evaluated daily, she often spends her time playing online games, which adversely affects the quality of her work
a) What is the term used to refer to such behavior? b) What is the solution to this problem? Explain your answer.
Which of the following is not considered an automatic stabilizer?
a. Food stamp program for people with low incomes b. Welfare program for families with dependent children c. Medicaid, a health program for the poor d. Financial assistance for disabled people e. Unemployment programs that pay benefits to those who lose their jobs
Considering the Federal Reserve Districts, which of the following is true?
A. No district coincides with a single state. B. Some districts are made up of single states. C. The districts are divided with equal population. D. With the exception of New York, no district coincides with a single state.
The appropriate formula for computing Gross Domestic Product using the income approach (excluding depreciation and indirect income taxes) is
A. wages + rent + interest + profits + indirect business taxes. B. wages + rent + interest + profits. C. wages + rent + interest + profits + indirect business taxes + depreciation. D. consumption + investment + government spending + net exports.