Answer the following statement(s) true (T) or false (F)
1. Kevin McCarthy withdrew from consideration for the Speaker's race.
2. Paul Ryan was the chair of the Ways and Means committee.
3. Paul Ryan was pressured by other members of the GOP caucus to run for Speaker.
4. Becoming Speaker of the House is seen as a positive stepping stone to run for President.
5. Paul Ryan was the only person to run for Speaker after John Boehner's resignation.
1. True
2. True
3. True
4. False
5. False
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Public goods are defined as
A) goods enjoyed simultaneously by a group, as opposed to a private good that must be divided up to be shared. B) goods paid for with public funds. C) goods sold on the public market. D) all goods sold to the public. E) All of the above
Which of the following characterizes how small European states such as the Netherlands, Denmark, Norway, and Sweden have responded politically to globalization?
a. Maintaining relatively large governments and emphasizing compensation for disadvantaged sectors b. Emphasizing markets, competition, and deregulation c. Maintaining relatively large governments while emphasizing markets, competition, and deregulation d. Compensating disadvantaged sectors while pursuing competition and deregulation e. Maintaining relatively small governments while emphasizing deregulation and protection of disadvantaged sectors
According to the Heritage Foundation, what is the freest economy in the world?
a. Switzerland b. Brazil c. the United States d. Hong Kong
Map 14.1 - Total Taxable Resources per Capita, 2015
SOURCE: U.S. Department of the Treasury, Resource Center, "2015 Total Taxable Resources Estimates" (https://www.treasury.gov/resource-center/economic-policy/taxable-resources/Pages/Total-Taxable-Resources.aspx).Based on Map 14.1, which region of the country had the highest levels of taxable resources per capita in 2015?
A. the South B. the Northwest C. the Southwest D. the Northeast