During the colonial period, "enumerated goods" included
a. tobacco.
b. sugar.
c. indigo.
d. cotton.
e. All of the above.
e. All of the above.
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The South's post-Civil War backwardness was due to all of the following except
(a) extensive wartime destruction of life and property. (b) the fiscal disaster of the Confederacy, whereby nine tenths of the state banks in the South vanished. (c) the price of cotton was increasing, as it had prior to the Civil War, thus keeping cotton profitable and discouraging investors in the South from developing a modern manufacturing system. (d) the failure of the sharecropping system to provide incentives for innovation and progress in agriculture.
What does job lock mean?
A. A tendency for workers to remain in their jobs to keep their insurance coverage B. A job where a time clock is used C. A job that provides insurance coverage only after several years of employment D. all of these answer options are correct.
Supply-siders believe that
A. Tax rebates directly affect the supply side of the economy. B. Tax rebates shift the Phillips curve to the left. C. Tax rebates provide greater incentives for work, production, and investment. D. Tax rebates have no effect on work effort.
State and local government pensions tend to be
A. defined contribution programs. B. Ponzi schemes. C. defined benefit pension programs. D. Social Security.