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True or False
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1
A government relies on a strong economy to give it the revenue it needs for spending on such things as defense, education, and housing.
A)True
B)False
2
Political economy is primarily the realm of business schools and international business programs.
A)True
B)False
3
People's concerns about the economy generally focus on two broad concerns: growth and distribution.
A)True
B)False
4
Governments often struggle to manage the economy because they lack the nimbleness of the private sector and because governments often make serious mistakes.
A)True
B)False
5
PPP and GDP are measures of political participation apart from voting.
A)True
B)False
6
Democratic governments generate economic policies with the goal of promoting economic equality by providing equal benefits to the public.
A)True
B)False
7
College tuition rising faster than inflation is one symptom of "Baumol's disease."
A)True
B)False
8
Rents, the way social scientists use the term, do not contribute to economic rationality but do generate political support for the government.
A)True
B)False
9
Globalization has many dimensions and consequences among them the military frailty of many state regimes.
A)True
B)False
10
The Asian economic crisis of the late 1990s demonstrated how inter-related (linked) most state's economies are.
A)True
B)False





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