What Did Confucius Say About Government

question 42

Multiple Choice

What did Confucius say about government?

• A) That only those born to power should rule
• B) That all government was naturally corrupt
• C) That government positions should be open to all talented men
• D) That Barbarians should be made to serve government officials
• E) That political democracy is the only legitimate form of government

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Definitions:

Aggregate-Demand Curve

A graphical representation that shows the total amount of goods and services demanded across all levels of the economy at different price levels.

Investment Spending

Expenditures on capital goods by firms and governments that are intended to increase productive capacity in the future.

Economic Uncertainty

Economic uncertainty involves unpredictable changes in the economic environment that can affect decision making, investments, and economic outcomes.

Price Level

Price level is the average of current prices across the entire spectrum of goods and services produced in the economy.