The government’s ability to perform its basic functions, such as passing spending bills or funding the military, is more difficult under a

Which term describes the activity of a company deciding to move its corporate headquarters outside of the United States in order to have an environment in which there is little or no corporate taxation?

A. VAT B. progressivity C. inversion D. limited tax

Which of the following actions of the Obama administration reflects a Keynesian approach to the economy?

A. Increasing the Social Security taxes paid by workers on earnings B. Reducing unemployment benefits C. Reducing federal stimulus programs to state and local governments D. Increasing government regulations E. Extending the food stamp program