What are the BRICS countries? What factors make them important players in world politics?
What will be an ideal response?
An ideal answer should include:
1. The BRICS countries include: Brazil, China, South Africa, Russia, and India.
2. In the first few years of the twenty-first century, senior analysts at Goldman Sachs, a global investment firm, attempted to predict the worldwide distribution of power in 2050. They posited that a small set of countries outside the Global North would have a huge impact on the global system.
3. The factors that make the BRICS so important for global politics include: population (about 40% of the World's population with 3.1 billion people), GDP (1/3 of the world's economic output), size, extensive resources, and geostrategic locations.
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Which of the following is used in the United States to provide a benefit to low-income taxpayers with at least one child--it was introduced to offset the effects of the Social Security tax and encourage people to work?
A. earned income tax credit B. family allowance C. negative income tax D. marriage tax
Answer the following statement(s) true (T) or false (F)
1.Supplemental appropriations are not scrutinized as carefully as regular appropriations. 2.While traditional incremental budgeting operates from the assumption that the previous year’s budget was justified, and so increments are all that need examination, zero-based budgeting holds that a more comprehensive examination of all expenditures should be conducted. 3.Under Gramm–Rudman–Hollings, if the president and Congress could not reach an agreement on raising taxes or cutting spending to reduce the deficit, sequestrations in spending, taking half from the defense budget and half from the domestic budget, are imposed. 4.Some state governors have the power to veto portions of bills with a line-item veto.