Public Debt and its Impact on the Economy

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What are the benefits of public debt mentioned in the text?

Increasing government spending

Privatizing public functions

Abandoning counter-cyclical fiscal policies

Stabilizing financial markets (correct)

How do chronic deficits lead to rising government debt according to the text?

By increasing tax revenues

By funding productive projects

By cutting government spending

By reducing social programs (correct)

What are some characteristics of neoliberal fiscal policies as mentioned in the text?

Imposing regressive taxes only

Reducing taxes on income, wealth, and businesses (correct)

Prioritizing social programs over tax cuts

Increasing income security programs

How does government spending impact working and poor people according to the text?

It contributes significantly to their well-being Signup and view all the answers

What is the overall progressivity of the tax system as described in the text?

It is mildly progressive, with well-off people paying a higher share of their income in taxes Signup and view all the answers

What is one of the costs of public debt highlighted in the text?

Enhancing wealth redistribution to investors Signup and view all the answers

What are the key factors contributing to capital accumulation in Marxist analysis?

Lengthening work hours, intensifying labor, and technological advancements Signup and view all the answers

What is a key aspect of the feminist critique of Marxist Political Economy?

Highlighting the role of unpaid domestic labor in sustaining capitalist accumulation Signup and view all the answers

Why did early attempts to integrate Marxism and feminism face challenges according to the text?

They struggled to address gender inequalities within socialist movements Signup and view all the answers

What do contemporary Feminist Political Economy (FPE) scholars critique?

Capitalism's impact on gendered power dynamics Signup and view all the answers

What is a key aspect of the Evolution of Feminist-Marxist Debates mentioned in the text?

'Capitalism and patriarchy as distinct but intertwined systems' Signup and view all the answers

'Struggles over wages, working conditions, and power dynamics' arise due to what in Marxist analysis?

'Workers resist exploitation' Signup and view all the answers

What does social reproduction refer to in the context of feminist political economy?

Processes involved in sustaining and reproducing the labor force and social structures Signup and view all the answers

Which of the following best describes care labor?

Providing physical, emotional, and social care to individuals, such as children and the elderly Signup and view all the answers

In Marxist theory, what does labor power represent?

The potential of individuals to perform labor Signup and view all the answers

How does labor differ from labor power according to the text?

Labor refers to potential work capacity, while labor power refers to actual work done Signup and view all the answers

Which statement accurately describes the impact of a social reproduction approach on the circuit of capital?

It highlights the crucial role of unpaid reproductive labor in sustaining capitalist production Signup and view all the answers

What aspect is specifically included within care labor according to the text?

Providing emotional support to family members Signup and view all the answers

What is the focus of the surplus framework rooted in Marxist theory?

Extracting surplus value from labor Signup and view all the answers

Which concept did Thomas Piketty's work mainly focus on?

Wealth distribution among the top 1% earners Signup and view all the answers

What intensified various inequalities, including gender, race, and class, according to the text?

The Covid-19 pandemic Signup and view all the answers

What do Black feminisms emphasize in their examination according to the text?

Race issues Signup and view all the answers

Which social movement highlighted economic and social justice issues according to the text?

Occupy Signup and view all the answers

What is a key aspect of feminist political economy, as mentioned in the text?

Integrating gender issues into economic and political discourse Signup and view all the answers

What factor affected the focus on income distribution studies in the early 20th century according to the text?

Revolutions and wars Signup and view all the answers

During the Cold War era, what was the impact of socialist and capitalist ideologies on the significance of class divisions?

They downplayed the significance of class divisions Signup and view all the answers

What challenges did researchers face in studying income distribution according to the passage?

Political constraints on data collection Signup and view all the answers

What facilitated the increase in empirical studies on income distribution in socialist countries towards their end?

Improvements in data availability Signup and view all the answers

How do studies of income distribution under socialism compare to political and sociological analyses of communist regimes in terms of narratives?

They lack compelling political narratives Signup and view all the answers

What was a significant feature of the political ideologies in both socialist and capitalist systems according to the text?

Shaped the approach to studying income distribution Signup and view all the answers