Which of the following is true of Social Security over time?
a. Both the number of recipients of Social Security and the number of contributing workers per recipient have increased.
b. Recipients of Social Security have increased and the number of contributing workers per recipient has declined.
c. Recipients of Social Security have decreased and the number of contributing workers per recipient has increased.
d. Both the number of recipients of Social Security and the number of contributing workers per recipient have decreased.
Answer: b
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Why is the United States not particularly vulnerable to potential Chinese trade embargoes?
a. It maintains a trade surplus with China, which gives it greater leverage in trade wars. b. China cannot risk a retaliatory trade embargo because it is too dependent on U.S. exports. c. WTO legal responses against a trade embargo could bring European trading partners into the trade war. d. Japan is too closely allied with the United States for China to risk a retaliatory trade embargo against its goods in Japan. e. It could compensate for the potential loss of Chinese goods by purchasing them elsewhere.
A socialist economy operates upon the belief that _____
a. capitalism is an inefficient system b. capitalism benefits a less deserving group c. capitalism requires too much government involvement d. capitalism entails complete ownership of various industries and resources
What is OPEC?
What will be an ideal response?