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The most commonly accepted cause of the European Crisis is: a. Fiscal profligacy b. Too little welfare spending c. Unemployment d. Current account deficit France uses civil law a. True b. False Answer: a The major source of financing in […]

A reform introduced under Deng: a. the Shanghai experiment b. the Great Leap c. the Cultural Revolution d. the Tang Reform e. free trade zones Gorbachev’s reforms were called a. loans for shares b. de-democratization c. the Liberman reform d. […]

Marx’s notion that societies go through inevitable stages of evolution is called: a. Surplus value b. Dialectical materialism c. The socialist revolution d. Primitive capitalist accumulation e. All of the above Soft budget constraints is an idea of: a. Mises […]

The person credited with Chinese reforms a. Deng b. Mao c. Zhou d. Chaing e. Miller In the Wintrobe model of dictatorship: a. the dictator substitutes capital for repression b. power is created by capital and labor c. the dictator […]

The Institutional Possibilities frontier: a. Is the Samuelson curve b. The Bergson curve c. A measure of production possibilities d. Shows the choice between social losses wealth and income e. The Lorenz Curve f. Shows choice between order and disorder […]

The drafters of the US Constitution, such as Madison, were particularly worried about: a. the possibility of truly democratic elections b. violations of the Bill of Rights c. the Fifth Amendment d. not enough people voting e. protecting the interests […]