Candidate A says, "Health care is too expensive in the United States. We need to do something-and quickly-to develop a better, more responsive, less expensive health care system." Candidate B, who is running against candidate A in a two-person race, says, "Health care is too expensive in the United States. We need to do something about it and quickly. I suggest that we have the federal government
develop a centralized system for delivering health care in this country." If you know nothing else about the two candidates, it follows that
A) candidate A has taken polls and candidate B has not.
B) candidate B has taken polls and candidate A has not.
C) candidate B is smarter than candidate A.
D) candidate B has a higher probability of winning the election than candidate A.
E) candidate A has a higher probability of winning the election than candidate B.
E
You might also like to view...
What are the three factors that affect the demand for foreign currency?
What will be an ideal response?
Refer to Scenario 5.4. What is the pay-off of outcome C?
A) -150 B) 0 C) 25 D) 100 E) 150
Compute the value of the simple spending multiplier if the marginal propensity to consume (MPC) is 0.80
a. 8 b. 5 c. 2 d. 0.80
An increase in money supply causes the real interest rate to ________ and the price level to ________ in general equilibrium.
A. remain unchanged; fall B. rise; rise C. fall; fall D. remain unchanged; rise