A charter school is an independent _____ school with _____ financing. a. private; private b. public; public c. private; public d. public; private ANSWER b
Representative democracy works best _____. a. to allocate resources when constitutional rules limit the scope of collective action b. to equalize income when constitutional rules mandate a simple majority rule for all collective decision-making c. with a strong executive branch d. external costs of collective decision-making are extremely high ANSWER a
In 2000, there were around _____ charter schools in the United States. a. 1,000 b. 5,000 c. 10,000 d. 20,000 ANSWER a
Special interests influence tax policy at all levels of government, but ______. a. they are most effective at the local level b. they are most effective at the state level c. they are most effective at the federal level d. they are equally effective at all levels of government ANSWER c
Philosopher John Rawls developed a thought experiment to help determine a standard by which we could say individuals are in agreement with the constitutional rules and, thus, actions of government. Behind his “veil of ignorance” _____. a. people know nothing about their friends and family b. people know nothing about themselves c. people know nothing […]
A complete understanding of tax policy requires knowledge of the principles of equity and efficiency in taxation, as well as awareness of _____. a. business b. sociology c. ethics d. politics ANSWER Tax Policy in the Real World
An advantage of charter schools is they _____. a. educate students at a lower cost than traditional public schools b. increase the amount of competition in the public school system c. have innovative curriculums that lead to rapid student improvement in most cases d. a and b ANSWER d
Optimal constitutional rules should _____. a. be decided by a supermajority of the current legislature b. be decided by a majority of people in a society c. be agreed upon by a consensus of the writers of the constitution d. have the support of a consensus of people in a society ANSWER d
The rate of homeschooling is higher _____. a. when the mother is uneducated b. where regulations on homeschooling are onerous c. in affluent and homogenous areas d. in areas where school quality is low relative to homeschooling ANSWER d
Equity issues in taxation are inherently positive in nature. a. True b. False ANSWER b