One definition of government is publicly funded institutions that create and enforce rules for a specific territory and people. Such institutions would include ________
a. professional sports
b. corporations
c. political parties
d. school boards
d
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The relocation of industries from core to peripheral countries usually occurs because __________
a. labor intensive industries can control the price of labor by exploiting the cheap labor available in peripheral countries b. wages paid to workers in the peripheral countries allow them to buy the products which they produce, thus creating new markets c. they cannot find enough workers in the core countries and are forced to look to the peripheral countries to provide labor to meet the demand for their products d. shipping costs have been reduced to a minimum in the last twenty years
Obama's efforts to steer the nation out of the Great Recession using fiscal policy is illustrated by which of following?
A)Economic Recovery Tax Act B)Troubled Asset Relief Program C)American Recovery and Reinvestment Act D)General Agreement on Tariffs and Trade