People who often create benefits for the minority and impose the cost on the majority are called:
A. fair-interest groups.
B. encounter groups.
C. laissez-faire groups.
D. special-interest groups.
Answer: D
You might also like to view...
Agraria specializes in the production of cotton. However, cotton manufacturers in Agraria are expecting the demand for its exports to fall sharply due to growing competition from a neighboring country
Assuming all else equal, which of the following is likely to happen in this case? A) The equilibrium unemployment in Agraria will fall. B) The equilibrium real wage in Agraria will rise. C) Investment expenditure in Agraria will rise. D) Consumption expenditure in Agraria will fall.
If Irene can make either four chairs or one table in an hour and Greg can make either three chairs or two tables in an hour then
A) Irene has the absolute advantage in the production of chairs. B) Irene has the comparative advantage in the production of tables. C) Greg has the absolute advantage in the production of chairs. D) Greg has the comparative advantage in the production of chairs.
A person is preparing for a long automobile trip and cashes in a certificate of deposit for cash in case of emergencies along the way. This is an example of the
A. precautionary demand for money. B. wealth demand for money. C. asset demand for money. D. transactions demand for money.
The Time-for-a-Change wristwatch company holds a patent on holographic wristwatches. The company can earn a profit on the sale of holographic wristwatches
A. only in the long run because government regulations prevent monopolists from earning profits in the short run. B. in the long run but not the short run because the monopolist will face competition in the short run. C. in the long run because entry into the industry by new firms is blocked until the patent expires. D. in the short run but not in the long run because new firms will enter the industry in the long run.