According to Karl Marx, when a worker applies labor to some set of raw materials,
a. the capitalist will surely exploit them.
b. the materials will have been immorally obtained from colonial undertakings.
c. the resulting product becomes the property of the worker.
d. value is added.
d
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Trade with the rest of the world accounts for about __________ percent of the U.S. gross domestic product (GDP)
a. 10 b. 15 c. 25 d. 30
How does a progressive tax work?
A) All taxpayers pay taxes at the same rate, regardless of income. B) Taxpayers with higher incomes pay a higher percentage of their incomes in taxes. C) Taxpayers with higher incomes pay a lower percentage of their incomes in taxes. D) Taxpayers who own property pay taxes at lower percentage rates than taxpayers who do not, regardless of income. E) All taxpayers pay taxes at a set percentage, which increases every year, regardless of income.