A survey asked people to rate their feelings toward paying taxes on a scale of 0 to 100, with 0 being cold or unfavorable and 100 being very warm or favorable. In this model, income and age are quantitative variables, and homeowner is a dummy variable with 1 representing owning a home.
For someone who does not own a home, what value does the interaction term take on?
What will be an ideal response?
Answer: 0
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The black vote was very important in the election of 1960 between Kennedy and Nixon
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. “Dutch Disease” explanations for lack of growth and development account for the quality of resource-rich countries’ institutions. 2. The East Asian miracle describes the rise of the newly industrialized countries in Asia in the 1980s and 1990s. 3. Because of the emphasis on protecting private property, an impartial judiciary, low corruption, and government transparency, good governance is equated with democratic governance. 4. Availability of and access to financial support for LDCs from the IMF is dependent on the conditionality of that support. 5. Official development assistance can be granted directly to a receiving country via foreign embassies.
What are the two ways through which economic change leads to political change? Discuss
What will be an ideal response?
What did Lord Acton, a British historian and political figure, note about power?
a. It is very expensive. b. It really is not necessary. c. It tends to corrupt. d. It should only be used in military situations. e. It should always be used as a first resort.