Which of the following most accurately describes the federal capital budget?
a. It is used to pay for Social Security.
b. It is used for infrastructure projects, such as roads and bridges.
c. It is used to fund tax expenditures.
d. The federal government does not have a capital budget.
d
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Say there were an inheritance tax that imposed a tax of 30% of all estates valued at over $1 million. What would the incidence of this tax be?
a) Proportional b) Regressive c) Flat d) Progressive
Which of the following BEST describes Nigeria's labor unions?
a. Although ethnic, regional, and religious differences have hampered their solidarity, they have served as an important challenge to the government and a potent force in society. b. They are extremely corrupt and have colluded with the federal government for rents. c. Due to a history of state corporatism, they have been co-opted by the government and fail to act independently. d. They have never been a significant force in Nigeria. e. Because they are highly fragmented along ethnic, regional and religious differences, their political impact has been minimal.