Peter Principal is the prime minister of the nation of Urbania.Peter has called for Urbania's legislature to enact new legislation designed to shift his economy away from socialism toward a more capitalistic system.Peter has acknowledged that such a radical change will entail some hardships,and that some citizens will be unhappy with the changes in the economy.The most likely source of unhappiness associated with a move toward capitalism is:
A) people will have less economic freedom.
B) the distribution of wealth will become less equal.
C) less wealth will be created.
D) tax rates will have to increase.
Correct Answer:
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Q1: Which of the following statements would a
Q2: Both socialism and communism are variations of:
A)competitive
Q3: In recent years,productivity in the goods-producing sector
Q4: In most large cities there are a
Q5: A typical demand curve shows that:
A)as people
Q7: A(n)_exists when the entire supply of a
Q8: Almost every discussion about a country's economy
Q9: If a shortage exists for a good
Q10: Which of the following would be a
Q11: Three of the major indicators of the
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