In 2009, tickets to a Presidential Town Hall meeting were distributed to individuals through a random selection of those who registered on a website. The tickets were allocated by which method?
A) lottery
B) majority rule
C) contest
D) first-come, first-served
E) personal characteristics
A
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An arrangement that allows buyers and sellers to exchange things is called
A) a market. B) a contract. C) money. D) efficient.
When tastes over current and future consumption are homothetic, the interest rate elasticity of savings supply is positive.
Answer the following statement true (T) or false (F)
For a monopoly, the demand for its product is perfectly elastic at the market price
Indicate whether the statement is true or false
If the cyclically adjusted budget shows a deficit of about $200 billion and the actual budget shows a deficit of about $250 billion over a several-year period, it can be concluded that there is a:
A. contractionary fiscal policy. B. cyclical deficit. C. progressive tax system. D. proportional tax system.