The United States can be described as a __________ economy, with both private and government ownership
a. socialist
b. Communist
c. capitalist
d. mixed
ANS: D
You might also like to view...
Simple solutions to political questions are rare because most issues ________
a. end up being decided by the judicial system b. require an increase in tax rates c. have multiple economic, social, and electoral causes and connections d. have to be decided at the ballot box
The rising level of student loan debt in America is a cause of concern for economic policy as a whole because ______.
a. students aren’t always immediately prepared to pay off their loans right out of college b. when a significant number of students are forced to use a substantially large proportion of their income to pay for high levels of student loans, they are unable to contribute to the economy in other ways c. states must reallocate financial resources to offset higher tuition costs, resulting in lower revenues d. more students are forced to stay in college for a longer period in order to avoid having to repay their loans