If a country has a socialist economic system, it aims to meet people's needs rather than maximize
What will be an ideal response?
profits
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What does complete and perfect information mean?
a. Each player knows how the other players played in the past. b. Each player knows the entire history of the player and the payoffs of each players at every terminal node. c. Each player knows the preferences of the other players. d. Each player perfectly knows the complete set of her own preferences.
All of the following were important parts of the economic reforms launched by Den Xiaoping EXCEPT
a. a growth of the role of private industry. b. reducing the role of the state in the economy. c. a large increase in foreign trade and investment. d. the abolition of all state-owned enterprises. e. encouraging people to make more money rather than serving the people.
Twitter was utilized during the 2012 presidential election by
A) ?traditional network media outlets to document voting trends. B) ?Quinnipiac University to poll voters about their voting behavior. C) ?the Tea Party to rally voters for President Obama. D) ?older voters in support of candidates, rather than young voters under the age of 30. E) Mitt Romney to concede, which was re-tweeted over 7 million times.
In a closed primary election, ______.
a. the election contest is restricted to voters who have not declared a party affiliation b. only members of a political party are allowed to vote c. voters do not have to declare party affiliation to participate d. independent voters may participate in only one party’s primary e. raiding by voters of other parties is allowed