A major example of state and local governments buying a struggling business in order to keep it operating is:
A. computer manufacturers.
B. stock brokerage houses.
C. jewelry importers.
D. freight railroads.
Answer: D
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Using some serious math, economist Kenneth Arrow demonstrated that ______.
A. the public sector should underwrite corporations’ losses B. the use of elections does not ensure that the majority’s preference will be selected C. the cost-effectiveness of alternative sources of energy depends on usage volume D. outsourcing prisons to Mexico is more cost-effective than welfare
Which of the following statements about feudalism is false?
A. Under feudalism, peasants were ruthlessly exploited. B. Under feudalism, one became a landlord by demonstrating one’s competence at farming and the raising of livestock. C. Under feudalism, the peasants raised a diverse mixture of crops and livestock on small plots within the landlord’s estate and were obligated to give a substantial percentage of their production to the landlord. D. Under feudalism, the landlord and the peasant needed each other.