If something, such as the GDP for example, is measured at “purchasing power parity,” it means that it
a. takes into account the differences in the cost of living in different countries
b. holds all currencies to their 2010 US dollar equivalent
c. accounts for the country’s global standing
d. does nothing at all
a. takes into account the differences in the cost of living in different countries
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The increasing partisanship in the United States is caused in part by the explosion of liberal and conservative advocacy groups demanding unity of bedrock issues like tax increases
Indicate whether the statement is true or false
China considers Taiwan, a former Chinese province, _____.
A. to be a legal part of North Korea B. to be a threat to China C. to be an independent nation D. to be a legal part of China E. to be a nuclear superpower
The implementation of the Affordable Care Act is an example of the principle of unnecessary complexity in the implementation of policy decreases the likelihood of failure of that policy
A. True B. False
If a state were to have an extensive free market but also be committed to social welfare distribution and economic regulation, this would indicate the existence of a(n) __________.
A. minimal social "safety net" B. underdeveloped economy C. privatized economy D. social market system