Question 2 (2 points) Directions: Read the following paragraph and identify which group on the political spectrum is being
described. Mark your answer using the multiple-choice format below.
"Our society needs the government to regulate the economy on behalf of the general public. Our government
must protect our citizens from the greed of big business. This is so because the government is motivated by
public interest whereas the private sector (big business) is self-motivated". The Government must regulate all
areas of the economy in order to level the playing field for everyone. In order to do this, taxes must be a bit on
the higher end in order for the government to provide social programs for those in need and to help create jobs.
Having a well-funded social welfare program would increase the size of the government and the wealthy (those
who can afford it) should pay for the cost."
a
Liberal
b
Conservative
C
Moderate

Does this sound good? hey great britain, we need to talk. we’ve been through a lot these past couple of years and i don’t think that i would’ve made it this far without you but, i think it’s time that i tried to. don’t get me wrong, i think you’re a pretty great country! you’re smart, you’re funny, you're rich, and very dominant but, these past couple of years you’ve been a little too dominant. as each year goes by you become more and more self-absorbed. you’re only concerned about your own well-being. for example, when we get into arguments you always raise the taxes on paper and tea prices; it just isn’t fair. not only are you selfish but, you always want your buddies around. it’s not very fun cleaning up after you and your british soldiers (you guys never put the toilet seat down). they’re always popping up unexpected, and you always force me to let them stay for a couple of days. not to mention how irresponsible you are. i don’t like it when you force some of your responsibility on me. it’s not my fault that you got yourself into another war so, why should i have to pay for it? listen, in the beginning, what we had was good but, you and i aren’t so compatible anymore. i think it’s best if i took some time to be independent and think for myself for once. -yours truly, the states

Mankiw attributes – chapter 1 and his 10 principles – differences in living standards within a countryover time and across countries at a moment in time to: a. the presence or absence of inflation and unemployment.b. the allocation of resources between private markets and the public sector.c. those that have dealt successfully with the efficiency v. equality tradeoff and those that haven’t.d. differences in productivity.e. ones that think at the margin and respond to incentives and those that don’t.

According to the article,"social credit" is question 3 options: an experiment to people talk on-line a farming experiment that hurt people under mao ze dong using someone else's data from the internet, to give or take away things such as the right to buy an airline ticket a credit you get in china for having friends in real life, and not just on social media