Which of the following are reasons why dealing with TNCs is difficult for many countries?
a. It is difficult to curtail the autonomy of TNCs or to regulate their impacts, chiefly environmental impacts.
b. Many countries do not offer overly generous tax incentives or other financial concessions to secure TNC business
c. They infuse local economies with capital and build skilled cohorts of laborers.
d. TNC’s provide many countries with the ability to maintain diplomatic relationships.
a. It is difficult to curtail the autonomy of TNCs or to regulate their impacts, chiefly environmental impacts.
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Which of these statements best describes the influence of adjustments to the discount rate made by the Federal Reserve?
a. They always lead to lower rates of marginal taxes. b. They can lead to higher unemployment in years of budget deficits. c. They can spur economic growth by increasing the cost of money for business. d. They can spur economic growth by increasing the available money supply.
Which economist developed the theory of monetarism?
A. Walt Rostow B. Adam Smith C. John Maynard Keynes D. David Ricardo E. Milton Friedman
Select a recent public policy alternative and, to the best of your ability, evaluate it using the criteria of effectiveness, efficiency, and equity. What kind of information might you need? What problems may arise in trying to conduct your evaluation?
What will be an ideal response?
Describe the proportional representation system used in most other democratic nations and the single-district, winner-take-all system used in the United States. Why might the proportional representation system be more attractive from a voter's point of view?
What will be an ideal response?