The movement from socialism to capitalism undertaken by Poland in the early 1990s represents:
A. neither a policy change nor a regime change.
B. a regime change.
C. a policy change.
D. both a policy change and a regime change.
Answer: B
You might also like to view...
_____________ is defined as firm's ability to earn above-average profit
a. Resource heterogeneity b. Superior performance c. Competitive advantage d. Sustainable advantage
The introduction of the Internet over the last 20 years has caused the:
A. long-run aggregate supply curve to shift to the right. B. long-run aggregate supply curve to shift to the left. C. short-run aggregate supply curve to shift to the left. D. long-run aggregate supply to remain fixed.
The slope of a consumer's budget constraint is equal to: a. the consumer's income in the previous period divided by his income in the current period. b. the price of one good divided by the price of the other good
c. the ratio of the marginal utilities from two consecutive units consumed of a good. d. the price of one good divided by the present income of the consumer.
Once people hear what the majority of individuals like them are doing, they are most likely going to choose:
A. something slightly worse, because they don't want to be taken advantage of. B. the same, because they typically don't like to be outliers. C. something better, because they typically want to be special. D. None of these is likely.