On which of the following activities would a severance tax be levied?
a) A motorist purchases a tank of gasoline.
b) A landowner sells the right to drill for oil on some property.
c) An oil company produces a thousand barrels of oil a day from a field in West Texas.
d) A consumer purchases a quart of oil at a discount store.
e) A business imports clothing from India.
Answer: c) An oil company produces a thousand barrels of oil a day from a field in West Texas.
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The U.S. home mortgage market initiated the __________ of 2008-2009.
A. minor global economic spike B. international bond market C. global economic recession D. international economic competition
Why is the office of the lieutenant governor considered by some to be the most powerful office in Texas state government?
a. This office is elected independently of the governor and can develop a dominant legislative role. b. This office, unlike the governor's, is protected from being charged with crimes while in office. c. The Texas Constitution grants the lieutenant governor more authority than the governor. d. The lieutenant governor has the sole power and responsibility to appoint statewide officials.
The Supreme Court has given the government broad authority to regulate
A) television and radio. B) newspapers. C) the Internet. D) pamphlets. E) flyers.
How is the Mexican Congress different from the United States Congress?
a. In Mexico, consecutive terms are forbidden, so members of Congress must skip a term before being eligible for reelection. b. In Mexico, Congress has powerful committees and an extensive body of staff that can generate information, but the U.S. Congress must rely heavily on the executive branch for information. c. In Mexico, every president in the last twenty years served in the Senate, as opposed to the United States where most presidents have been governors. d. In Mexico, political parties are not prevalent in Congress and do not determine leadership, whereas leadership in the U.S. Congress is determined by parties.