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QUESTION 1 According to Douglass Massey, why is the United States exceptional among developed countries in the 21st century? Oa. Because it has managed to shift the tax burden toward the rich and away from the middle class. Because of its comparatively low level of consumer debt. Ob. Because of the robust social safety net that it has maintained since the Great Depression. Because of the comparatively high level of inequality that it tolerates. Od.

QUESTION 1 According to Douglass Massey, why is the United States exceptional among developed countries in the 21st century? Oa. Because it has managed to shift the tax burden toward the rich and away from the middle class. Because of its comparatively low level of consumer debt. Ob. Because of the robust social safety net that it has maintained since the Great Depression. Because of the comparatively high level of inequality that it tolerates. Od.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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QUESTION 1 According to Douglass Massey, why is the United States exceptional among developed countries in the 21st century? Oa. Because it has managed to shift the tax burden toward the rich and away from the middle class. Because of its comparatively low level of consumer debt. Ob. Because of the robust social safety net that it has maintained since the Great Depression. Oc Because of the comparatively high level of inequality that it tolerates. Od. QUESTION 2 Reading Bonacich and Appelbaum, which statement about "flexibility" or "flexiblization" is TRUE? Flexibility describes the ability of global businesses to move away from mass production of goods towards producing smaller batches of specialized goods for an increasingly diverse consumer population. While flexiblization might be beneficial for some workers, for many others face increasing job insecurity and more part-time and Ob. temporary work. Flexiblization has led to the destabilization of the economies of less developed countries, leading to increased migration from less developed countries to industrialized countries. O d. All of the above. O e. None of the above.
Transcribed Image Text:QUESTION 1 According to Douglass Massey, why is the United States exceptional among developed countries in the 21st century? Oa. Because it has managed to shift the tax burden toward the rich and away from the middle class. Because of its comparatively low level of consumer debt. Ob. Because of the robust social safety net that it has maintained since the Great Depression. Oc Because of the comparatively high level of inequality that it tolerates. Od. QUESTION 2 Reading Bonacich and Appelbaum, which statement about "flexibility" or "flexiblization" is TRUE? Flexibility describes the ability of global businesses to move away from mass production of goods towards producing smaller batches of specialized goods for an increasingly diverse consumer population. While flexiblization might be beneficial for some workers, for many others face increasing job insecurity and more part-time and Ob. temporary work. Flexiblization has led to the destabilization of the economies of less developed countries, leading to increased migration from less developed countries to industrialized countries. O d. All of the above. O e. None of the above.
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