What is the likely reason for middle-aged and older people being more likely to vote than the young?
A) The middle-aged person is at peak earning and the old person is concerned with Social
Security and Medicare.
B) The middle-aged person is at medium earning and the old person is concerned with retiring
and grandchildren.
C) Middle-aged people tend to be more highly educated and the old person is concerned with
Social Security and Medicare.
D) Middle-aged people tend to live in urban areas and the old person is concerned with Social
Security and Medicare.
A
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How does Rodrik feel about the argument that imports from China have become the leading scapegoat for stagnant median wages in the United States?
a. He believes that China's promotion of manufacturing has not affected the U.S. economy at all. b. He believes that the Chinese trade surplus is a relatively small amount and is appropriately based on the typical GDP of a developing country. c. He disagrees with this statement because it does not take into account the opportunity cost of the labor and intellectual expertise in product development. d. He believes that China's current account surplus increases demand for goods produced in China at the cost of reducing demand elsewhere while complicating an economic recovery in the United States.
Having conducted a nuclear explosion in 2006, __________ is the most recent addition to the nuclear club.
A. Iran. B. Iraq. C. Pakistan. D. India. E. North Korea.