Taxes that apply to net income or profits with deductions for business costs are ________ taxes
a. income
b. excise
c. progressive
d. corporate
e. executive
ANS: D
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Since gaining independence from Belgium, Burundi
a. has been the scene of violent conflict between Tutsi and Hutus populations. b. instituted a federalist system of government and, according to its citizens, this has prevented the country from experiencing violent civil conflict. c. has been governed by MOSOP. d. None of the above is true.
Why might governments elected democratically by proportional representation (PR) be more supportive of trade openness?
a. PR is the fairest of all electoral systems. b. PR reduces the influence of local and regional interests over government policy. c. PR produces weak political parties that are susceptible to pressures for trade openness. d. PR tends to produce weak governments that are too weak to impose trade restrictions. e. PR allows all parties to be represented in government, and it is in most parties' interests to have trade openness.
Which of the following was a component of structural adjustment loans?
a. Increasing aid to the poor b. Very high interest rates c. Reducing barriers to imports d. Increasing subsidies to industries that export
Under the Articles of Confederation, most power rested with
A. towns and cities. B. the British government. C. Congress. D. the states. E. the national court system.