An environmentalist and a fascist would agree most strongly with which of these statements?
a. Globalization is putting every nation's economy at risk of collapse.
b. A nation's economy is too complex to manipulate or control effectively.
c. A nation should advance other goals besides maximizing private wealth.
d. A strongly unified culture can help a nation's economy as much as it can advance its international power
Answer: c
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Family A earns $20,000 a year, Family B earns $40,000, and Family C earns $100,000. Which of the following tax systems can most accurately be described as progressive?
a) Family A pays 5 percent of earnings in tax, Family B pays 8 percent, and Family C pays 12 percent. b) All three families pay 10 percent of their earnings in taxes. c) Family A pays 10 percent of earnings in taxes, Family B pays 7 percent, and Family C pays 4 percent. d) Family A pays 10 percent of earnings in taxes, Family B pays 8 percent, and Family C pays 12 percent. e) Allowing each family to decide the appropriate tax rate for their situation.
All of the following were important parts of the economic reforms launched by Den Xiaoping EXCEPT
a. a growth of the role of private industry. b. reducing the role of the state in the economy. c. a large increase in foreign trade and investment. d. the abolition of all state-owned enterprises. e. encouraging people to make more money rather than serving the people.