Why might some businesses lobby for increased regulation by the federal government?
a. to lower their overall tax rate
b. to gain access to federal bureaucrats who will act in their interests
c. to increase their profit margins to better serve the public good
d. to protect themselves from domestic and foreign competitors
d
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What is the core idea that shapes democracy?
a. Minorities have the full power of decision making over all matters that affect them. b. The people may not be right but the people are never wrong. c. Ordinary people are capable of making choices about self-governance. d. Policy is determined by tyranny of the majority.
"Capital gains" or income from investments, is taxed
a. at the same rate as income from employment. b. at a higher rate than income from pensions. c. at a lower rate than income from employment. d. at a lower rate than income from pensions.