According to liberals, why did 19th century German Chancellor Otto von Bismarck introduce Social Security?
a) He had a strong social conscience. b) He thought workers who felt secure would have higher morale and be more productive. c) He was foreseeing retirement problems for the current generation of workers. d) He knew the economy would be helped by private Social Security funds.
b
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Over the last fifty years, manufacturing has moved to the developing world where ________ than in the United States and Europe
a. interest rates and union activity are greater b. poverty and unemployment rates are lower c. wages and restrictive regulations tend to be lower d. human capital and natural resources are more available
What is the main idea behind a joint venture?
A) Co-ownership of a company by two local entities B) Ownership of a company by both a foreign entity and a local entity C) Joint ownership of a company by two foreign entities D) Ownership of a land property by two local entities
Approximately what proportion of Texans speak a language other than English at home?
A) one-tenth (1/10) B) one-fifth (1/5) C) one-third (1/3) D) one-half (1/2)
The primary argument of supply-side economic theory is that _______________________________
A) too much demand for services will cause the supplier side to crash
B) there must be a supply of goods before there is a demand
C) high taxes take money out of the economy that would otherwise be invested in goods and services
D) high taxes give government the funds it needs to stimulate the economy
E) the capitalist system is self-destructive