The U.S. had a positive trade balance until about
a. 1940.
b. 1960.
c. 1980.
d. 2000.
c
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Which of these is an example of a progressive tax?
a. motor fuels tax b. federal income tax c. oil and gas production tax d. general sales tax e. cigarette tax
Which of the following best describes the Asian Economic Model?
a. There is minimal government involvement in regulation of the economy and little social welfare spending. b. It involves a substantial role for government in the regulation of the economy and the establishment of social welfare programs. c. It is a combination of state-led development measures and authoritarian political practices. d. It preserves private property and generally views the market as the best way to allocate resources, but does not see the market as a legitimate means to distribute the proceeds of economic growth. e. It provides for government protection of domestic industries from foreign competition and subsidies of key inputs such as energy and steel.
In which way is lobbying the executive branch similar to lobbying the courts?
A. Both require a lobbyist to hold a law degree. B. Both can involve lobbying related to the implementation of an existing policy. C. Both are relatively rare, given that most lobbyists focus exclusively on Congress. D. Both typically involve grassroots lobbying.
What was the most significant change in the states under the Articles of Confederation?
What will be an ideal response?