Rogarian Arguments
Quiz – Chapter 2
Name:
U number:
1. The dramatic recovery of Russian Economy in recent days can be attributed to:
a. record world prices for oil and gas b. the succession of Vladimir Putin as president c. Putin slashed subsidies to state-owned enterprises d. the price increases for imports due to ruble’s devaluation e. all of the above can be attributed
2. According to author William Greider, executives and marketers must take into account the following new realities in the global economic situation:
a. production has become “uncoupled” from employment b. the world economy dominates the scene c. the struggle between capitalism and socialism is over d. the growth of e-commerce diminishes the importance of national barriers e. all of the above
3. The rampant corruption and bribery witnessed in a nation’s economy is referred to as:
a. re-nationalization b. managed democracy c. Kleptocracy d. autocracy e. None of the above
4. One of the distinguishing features of Centrally Planned Capitalism economic system is:
a. all production resources are privately owned b. the state has broad powers to serve the public interest as it sees fit c. command resource allocation is utilized extensively in private resource ownership environment d. market allocation policies are permitted within and environment of state ownership e. none of the above
5. The Swedish government has significant holdings in key business sectors and has hybrid economic system that incorporate:
a. market capitalism and centrally planned socialism b. centrally planned socialism and market socialism c. centrally planned socialism and capitalism d. market socialism and market capitalism e. market capitalism and socialistic capitalism
Name:
U number:
1. The dramatic recovery of Russian Economy in recent days can be attributed to:
a. record world prices for oil and gas b. the succession of Vladimir Putin as president c. Putin slashed subsidies to state-owned enterprises d. the price increases for imports due to ruble’s devaluation e. all of the above can be attributed
2. According to author William Greider, executives and marketers must take into account the following new realities in the global economic situation:
a. production has become “uncoupled” from employment b. the world economy dominates the scene c. the struggle between capitalism and socialism is over d. the growth of e-commerce diminishes the importance of national barriers e. all of the above
3. The rampant corruption and bribery witnessed in a nation’s economy is referred to as:
a. re-nationalization b. managed democracy c. Kleptocracy d. autocracy e. None of the above
4. One of the distinguishing features of Centrally Planned Capitalism economic system is:
a. all production resources are privately owned b. the state has broad powers to serve the public interest as it sees fit c. command resource allocation is utilized extensively in private resource ownership environment d. market allocation policies are permitted within and environment of state ownership e. none of the above
5. The Swedish government has significant holdings in key business sectors and has hybrid economic system that incorporate:
a. market capitalism and centrally planned socialism b. centrally planned socialism and market socialism c. centrally planned socialism and capitalism d. market socialism and market capitalism e. market capitalism and socialistic capitalism