The fact that voters perceive their votes as unlikely to actually change the outcome of an election causes
a. voters to have little incentive to become informed about candidates and political issues.
b. voters to spend a great deal of effort becoming informed about candidates and political issues.
c. the percent of people who actually turn out to cast a vote on election day to be very high.
d. people to be extremely reluctant to "waste" their votes on a third-party candidate.
A
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The largest asset of the Fed from those on this list is
A) U.S. Treasury securities. B) mortgage-backed securities. C) loans to depository institutions. D) currency outstanding.
Suppose that a technological advance raises total factor productivity. Explain, step-by-step, how the economy adjusts to arrive at a new long-run equilibrium
What will be an ideal response?
What are the three sources of funding for the public sector? Can the government rely on all of these sources in the long run? Explain
What will be an ideal response?
How would each of the following affect the firm's marginal, average, and average variable cost curves?
a. There is an increase in wages? b. There is a decrease in material costs? c. The government imposes a fixed amount of tax? d. The rent that the firm pays on the building that it leases decreases?