Exam 2 Wealth and Power: The Bias of the System A.Multiple-Choice

Four or fewer companies control at least 60 percent of the light bulb market in the United States,which demonstrates a __________.

In 2011,the average CEO of a Fortune 500 company was paid __________ times more than the average worker.

Marx asserted that capitalism has within it the seeds of its own destruction because of __________.

The popular will is sometimes thwarted in the Senate by the extraordinary power of small states with __________.

Income inequality is increasing in the United States. Answer TRUE

The linkage between corporations when an individual serves on the board of directors of two companies is called a(n)__________.

Income inequality is __________ in the United States. Answer increasing

How do trickle-down solutions hurt the disadvantaged?

The economic and social constraints on political decision makers that promote the status quo refers to __________.

The Bipartisan Campaign Reform Act __________.

Marx hypothesized that free enterprise would eventually destroy itself and be replaced with a new economic form.

The average U.S.worker would have to work nearly one __________to make a CEO's hourly salary.

The interests of the powerful are served by a conspiracy of the power elite.

The bailout of airlines by Congress shortly after the terrorist attacks of September 2001,without similar relief to fired airline workers,represents an example of a __________.

The implication in Chapter 2 is that oligarchs are likely also __________.

Men from the __________ class were less likely to be drafted during the height of the Vietnam War.

By reducing taxes,the government has eliminated waste,given the poor more money to spend and invest,and improved the economy.

Megamergers affect the entire economy in that they __________.

According to Marx's theory of capitalism,the social class in power controls the economy primarily by __________.

According to the text,capitalism rewards the efforts of all enterprising individuals.