Tag: Economics – Others

Discuss each of the five goals and principles governments consider when deciding which taxes to use
Equity, Efficiency, Adequacy, Simplicity, Accountability
Equity
Efficiency
Adequacy
Simplicity
Accountability

Question 64
The country that generates the greatest percentage of its electricity from wind turbines is ___________.
Japan
United States
Denmark
China

A company that exports products on behalf of an indirect exporter is called a(n)
A. distributor
B. agent
C. export trading company
D. export management company

Which type of game correlates most closely with a win-win scenario?
Multiple choice question.
A positive-sum game
A one-time game
A negative-sum game
A zero-sum game

What two inventions did the Europeans bring to Utopia?
guns and ammunition
paper and the printing press
the waterwheel and steam engine
the microscope and telescope

Congress originally enacted the federal estate and gift taxes to improve:Multiple Choice
Horizontal equity
Economic efficiency
Vertical equity
Distributive justice

Depreciation is:
an indirect business tax.
an allowance for the replacement of capital.
income received but not earned.
income earned but not received.

Whites total just under 40% of California’s resident population, but they constitute approximately 60% of the state’s voters.
True
False

Some costs do not vary with the quantity of output produced. Those costs are called 1. marginal costs. 2. average costs. 3. fixed costs. 4. explicit costs.

Question content area
Part 1
The Social Security and Medicare programs have been a failure in terms of reducing poverty for elderly U.S. citizens.
Part 2
Choose one:
True
False