D. Fo18. How can the PresiA. Make a presideB. Only congress canC. Follow the merit systemD. Make an executive order19. The supreme court case that established juA. Plessy v FergusonB. McCulloch v MarylandC. Marbury v MadisonD. Tinker v Des Moines20. Who is the chief official in the House of Representatives?A. PresidentB. Vice PresidentC. Speaker of the HouseD. President pro temporete the FRQ.^x policy area that involves bother the federal governmonsibility of the sting 3. Which of the following is an important feature of capitalism?A. Capital is government ownedB. Capital is privately ownedC. Use of capital is controlled by traditionD. All of the above4. An advantage of a sole proprietorship is that the ownerA. Keeps all the profitsB. Raises all money to expandC. Is responsible for debtsD. All of the above

We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Answered: 3. Which of the following is an…

3. Which of the following is an important feature of capitalism? A. Capital is government owned B. Capital is privately owned C. Use of capital is controlled by tradition D. All of the above

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter3: Economic Decision Makers

Section: Chapter Questions

Problem 3.11P

See similar textbooks

Related questions

Q: In France, government actions and market forces together guide the economic activities. Prices of…

A: An economic system refers to the means by which the distribution of resources, goods, and services…

Q: 1. Restructuring a. is the change in the structure of output. b. substitution of machinery for…

A: Restructuring is a sort of corporate activity that entails dramatically altering a company's debt,…

Q: Which was a theory introduced by Adam Smith? Select one: a. Theory of Population. b. Theory of…

A: Hi, thanks for the question. As per the guidelines we are allowed to attempt the first question. If…

Q: 5. Cuba dictates and decides most of the economic decisions. Identify the type of economic system in…

A: The economic system depends on the various types of control over the resources and the economic…

Q: How to evaluate an economic system? a : stability b : full employment c : growth

A: Economic system refers to the plane where the government, producers and the consumers interact with…

Q: the difference between Islamic Economics system and Capitalist Economic system

A: The Islamic economic system is the variety of rules, characteristics and standards of direct that…

Q: 1.Which philosophers have discussed capitalism? What were their interpretations of it? Were there…

A: Capitalism In a capitalist economy, private people or companies own the capital assets. Workers…

Q: What does the invisible hand concept, introduced by Adam Smith, refer to in economics? A. The role…

A: The concept of the "invisible hand" is a principal theory in economics, first introduced by the…

Q: Economic systems differ according to which two main characteristics? Select one: A. the technology…

A: Economics is a social science that studies how individuals, businesses, governments, and societies…

Q: 19. The key factor in determining the model of the economic system is: a) political regime; b) the…

A: Market, command and mixed economy are type of economies.

Q: 3. The Industrial Revolution refers to the rise of the modern factory system in during the late…

A: Industrial Revolution is the revolution that transformed the manufacturing sector and the advent of…

Q: Capitalism was originally a smear used by which socialist founder? A. Adam SmithB. Jean-Jacques…

A: Capitalism: It refers to the economic system depending on private property and free venture. No…

Q: "Innovation by the Entrepreneur" argued Schumpeter, leads to gales of "creative destruction" as…

A: Joseph Schumpeter's concept of "creative destruction" posits that innovation driven by entrepreneurs…

Q: 1. Describe the circular flow of the Economy. Also describe in detail how each of the resources is…

A: The circular flow currency movement is a model that demonstrates the significant financial…

Q: Which of the following word is not related to entrepreneurship? a. Innovation b. Creativity c. Needs…

A: Which of the following word is not related to entrepreneurship? a. Innovation b. Creativity c. Needs…

Question

D. Fo
18. How can the Presi
A. Make a preside
B. Only congress can
C. Follow the merit system
D. Make an executive order
19. The supreme court case that established ju
A. Plessy v Ferguson
B. McCulloch v Maryland
C. Marbury v Madison
D. Tinker v Des Moines
20. Who is the chief official in the House of Representatives?
A. President
B. Vice President
C. Speaker of the House
D. President pro tempore
te the FRQ.
^x policy area that involves bot
her the federal governm
onsibility of the st
ing

3. Which of the following is an important feature of capitalism?
A. Capital is government owned
B. Capital is privately owned
C. Use of capital is controlled by tradition
D. All of the above
4. An advantage of a sole proprietorship is that the owner
A. Keeps all the profits
B. Raises all money to expand
C. Is responsible for debts
D. All of the above

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

Step 2

Step 3

Step 4

Trending now

This is a popular solution!

Step by step

Solved in 4 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Property Rights, Bargaining And The Coase Theorem

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

True or false: Majority rule can fail to produce a single preferred outcome when there are more than two choices.
How does a government agency raise revenue differently from a private company, and how does that affect the way government makes decisions compared to business decisions?
Say that the government is considering a ban on smoking in restaurants in Tobaccoville. There are 1 million people living there, and each would benefit by 200 from this smoking ban. However, there are two large tobacco companies in Tobaccoville and the ban would cost them $5 million each. What are the proposed policys total costs and benefits? Do you think it will pass?
Special interest groups tend to be able to infil hce legis O a. special interest groups have rational ignorance. O b. voters have an incentive to oppose the legislation. O c. the costs for voters opposing the legislation are higher than the benefits. O d. special interest groups have an incentive to educate voters.
1. Though the tax structure (i.e., the tax base and rates) has much to do with the equity effects of taxation, its administration could also strengthen or weaken its fairness. If the tax administrator practices discretion in the grant of deductions, there is a. Regressive equity b. Progressive equity c. Vertical equity d. Horizontal equity 2. The potential of the income tax as a tool to enhance the equity of the tax system brings to the fore the importance of designing the scheme of income taxation in accordance with acceptable norms and principles such as allocating costs or burdens to the people. This is known as the: a. Non-compensation or set-off b. The Lifeblood Doctrine c. Marshall doctrine d. Ability to pay approach3. An egalitarian society normally is prejudiced towards a tax system which puts a heavier burden on those who have the greater ability to pay. An equitable tax is taken as one which promotes the unequal tax treatment of unequals. The tax must be so…
1. Explain the Median Voter Theory in your own words and describe how it impacts the campaign trail. It may help to use a specific political issue as an example. 2. Describe one benefit that arises from median voter theory. 3. In response to two of your peers, describe a negative outcome that comes from Median Voter Theory. It may help to think about it in terms of: a. Candidates' representatich of their base b. Impact on policy that ends up being passed for society.
28. Those who prefer federal action rather than local are known as...? a. Federalists b. Confederates C. Unionists d. Anti-Federalists 29. A state deciding to execute a convicted murderer is an example of...? a. State's rights b. Reserved powers C. Sunset laws d. Judicial review
There were lots of similarities between Britain's system of government and that of the individual British colonies in North America. One difference, though, was that a far larger proportion of male residents experienced direct representation in theirlegislatures, rather than the "virtual representation" that most Britons experienced inEngland and Scotland. Why? 1.Because elections for office in the colonial legislatures were done by secretballot. 2.Because ownership of enough property to meet the property requirements forvoting was more common in the colonies than it was in Britain. 3.Because the colonists thought slavery, in both the political sense and actualslavery, was more wrong than did their British counterparts. 4.Because only enslaved people were prevented from having voting rights in the colonies.
3.Define progressive tax.asap
A progressive tax is: A. designed to take a greater percentage of the income of lower-income groups than of higher-income groups B. based on the benefits received principle. C. not based on the ability to pay principle D. designed so that everybody would be charged the same percentage of their income as taxes. E. designed to take a larger percentage of the income of higher-income groups than of lower-income groups
plz answer correct
How does rational ignorance discourage voting?