How has the U.S. government attempted to address the fact that legislators have strong interests in their own districts when it wants Congress to approve defense spending?
a. Spreading out defense spending across many districts around the country
b. Making laws that prohibit pork-barrel spending
c. Logrolling defense spending into legislation with greater approval, such as poverty relief programs
d. Prohibiting Congress from considering location when approving military bases and weapons programs
a. Spreading out defense spending across many districts around the country
As a reflection of the interest of legislators in their own districts, the U.S. government has typically spread out its spending on military bases and weapons programs to congressional districts all across the country. In part, this is done to help create a situation that encourages members of Congress to vote in support of defense spending.
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If the United States is capital abundant compared to Mexico, and Mexico is land abundant compared to the United States, then in the short run with trade we would expect A) the income of U.S. land owners to increase. B) the income of U.S. workers to increase. C) the income of Mexican workers to increase. D) the income of Mexican land owners to increase.
The face value of a bond is:
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Figure 11-5
In Figure 11-5, Crown Theater, a monopolist movie theater, will make a profit of ____ at its profit-maximizing price and quantity of theater tickets.
A. $450 B. $150 C. $300 D. $750
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a. 80, and this indicates that the price level has decreased by 20 percent since the base year. b. 80, and this indicates that the price level has increased by 80 percent since the base year. c. 125, and this indicates that the price level has increased by 25 percent since the base year. d. 125, and this indicates that the price level has increased by 125 percent since the base year.