Which of the Following People Would Tend to Favour a Socialist

question 73

Multiple Choice

Which of the following people would tend to favour a socialist economy?

• A)Dann wants to live in a country with low marginal tax rates.
• B)Robin wants to live in a country that encourages rapid economic growth.
• C)Liz wants to live in a country with limited government regulation.
• D)Dwayne prefers to live in a country that promotes social equality.

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Trade-In Allowance

The value credited to a customer when they exchange an older item towards the purchase of a new item, often used in automotive and electronics sales.

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Amortized

Amortized refers to the gradual reduction of a debt over a period of time through regular payments that cover both the loan interest and the principal amount.

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Materials or substances occurring in nature which can be exploited for economic gain, such as minerals, forests, and water.