On which of the following does the neoclassical counter-revolution school most blame underdevelopment?
a. misguided government policies
b. relatively rigid cultural traditions
c. the legacy of colonialism
d. unfair trade practices on the part of developed countries
A
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What is wearing a red hat?
a. A communist party registeration b. Use the name of the state institution to cover the private enterprises c. It is a collectively owned by villagers d. It is that the economy of China has trouble providing for all the needs of the people e. All of the above
An act of production, as economists use the term, is demonstrated by which of the following?
A. An individual buys municipal bonds to avoid taxes. B. A firm buys a pre-existing building in order to expand its operations. C. A worker places money in a pension fund. D. A local nonprofessional theater company performs a play.