How are housing starts, or new construction, used to gauge the national economy?
a. Construction of apartments instead of single-family homes indicates less money available in the economy.
b. Declines in housing starts are often one of the first signs of an approaching economic downturn.
c. Building supplies are the most profitable industry in the nation.
d. Decreases in demand for single-dwelling homes usually indicate a higher demand for condominiums and other multi-unit construction.
e. Decreases in the average price of new homes indicate a strong economy.
ANS: B
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According to your text, the difference between libertarianism and John Locke-inspired liberalism is
A) libertarianism has come to mean something closer to generous. B) liberalism is focused on equality of outcome, while libertarianism focuses on social equality. C) liberalism rejects the need for public goods. D) libertarianism puts a greater emphasis on individual freedom. E) diminishing over time, and the two terms now largely mean the same thing.
The lack of enforcement authority of the United Nations is an example of the existence of international ______.
a. complexity b. diversity c. anarchy d. unity
With resource and time constraints, Professor Martinez wants to sample a portion of a population. In order to determine how big a sample, he computes the __________ to achieve the level of precision desired.
A. Sample requirement rate B. Sample size calculation C. Sample scope formula D. Sample extent range
__________ favor social and economic change to help the poor
A) Conservatives B) Leftists C) Bourgeoisie D) Zeitgeists