The alternative minimum tax is the parallel tax system with
a. a more limited set of tax preferences than the regular income tax.
b. more allowable deductions and credits.
c. a lower rate of taxation, designed for individuals falling below the poverty line.
d. limits on the rate at which students are taxed on summer employment.
e. greater flexibility for the wealthy.
ANS: A
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Answer the following statement(s) true (T) or false (F)
1. Most Americans tend to want members of Congress to follow majority opinion rather than their own personal preferences. 2. Because of the incumbency advantage and the creation of many safe seats, most members of Congress do not worry much about the threat of losing their re-election campaigns. 3. Most House and Senate staff members are long-time employees who have spent decades on the job. 4. The franking privilege allows members to send out campaign materials and fundraising appeals free of charge.
International relations exists in a state of anarchy. In practical terms, this means that
a. nation-states do not have allies or principles, but instead only interests. b. only the United Nations has the power to resolve disputes between nation-states. c. there is no sovereign authority that resolve disputes or enforce international law. d. foreign relations is marked by unending conflict and war.