In 1860, the Republican Party formed a coalition of anti-slavery voters that elected Abraham Lincoln to the presidency. Members of this coalition included all of the following groups except:
a. Northwestern farmers.
b. Irish and German immigrants.
c. Producers who were economically linked by the Northern Gateway.
d. Large property owners in New Mexico and Utah.
d. Large property owners in New Mexico and Utah.
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Which of the following statements characterizes government transfer payment spending in the United States between 1960 and 2015?
A) Transfer payment spending by the federal government and by state and local governments has decreased as a percentage of GDP. B) Transfer payment spending by the federal government and by state and local governments has more than tripled as a percentage of GDP. C) Transfer payment spending by the federal government and by state and local governments has remained constant as a percentage of GDP. D) Transfer payment spending by the federal government and by state and local governments has fluctuated widely over this period.
Living in a world of scarcity involves trade-offs
a. True b. False Indicate whether the statement is true or false