Exam 14: What Role for the Public Sector

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Public spending as a share of national income tends to increase during periods of economic recession.

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In the context of the global financial crisis the UK government effectively rescued some major banks from collapse by taking them into public ownership. These were: (Please select all that apply.)

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C, D

UK public spending, as a share of national income, is among the highest of OECD member states.

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In his famous blueprint for the post-war welfare state in Britain, Social Insurance and Allied Services (1942), Beveridge identified 'five giant evils', including: (Please select all that apply.)

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Public sector employment in the UK fell by nearly 1 million between 2009 and 2016.

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The public sector comprises: (Please select all that apply)

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What is the largest single component of the British welfare state in terms of spending?

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The principal reasons for privatization include: (Please select all that apply.)

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Recent data (2013) comparing the UK with OECD and EU states show that the UK is currently a relatively low spender on healthcare.

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The main role of government today being in the provision of goods and services can be referred to in terms of: (Please select all that apply)

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The rationale for the welfare state as a correction of market outcomes has a number of elements. Please select all that apply.

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The principal reasons for nationalization of business are: (Please select all that apply.)

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Measures of public spending in real terms are calculated:

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From a socialist point of view the systemic flaws of capitalism are: (Please select all that apply.)

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In the 2017 UK general election campaign the Labour Party made a commitment to 'renationalize' a number of industries, including: (Please select all that apply.)

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For neoliberals 'government is the problem, not the solution'.

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According to liberalism the benefits of a market or capitalist system are: (Please select all that apply.)

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The private sector comprises: (Please select all that apply.)

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When looking at long-run changes in the composition of the public sector workforce, the most important trend seems to be:

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The author of the famous blueprint for the post-war welfare state, Social Insurance and Allied Services (1942), was:

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