Refer to Figure 13.1. Assume the voting method used to select a location for the recreation center is the Borda-count method, where if a town gets ranked #1, it gets 3 points per vote, a town ranked #2 gets 2 points per vote,
a town ranked #3 gets 1 point per vote, and a town ranked #4 gets no points per vote. With this method, the town that gets the greatest number of points is
A) Desert Sands.
B) Glacier Cove.
C) Mountain View.
D) Oceanside.
D
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You have two options for how to spend the afternoon. You can either go see a movie with your roommate or work as a tutor for the Math Department. From experience, you know that going to see a movie gives you $20 worth of enjoyment, and with your student discount, a movie ticket only costs $12. If you spend the afternoon working as a math tutor, you will get paid $45. On a typical day, you wouldn't be willing to spend the afternoon working as a math tutor for less than $35. Should you go see a movie or work as a math tutor?
A. You should work as a math tutor. B. You should do neither C. You should go to the movies. D. Both options are equally good.
The financial system is primarily a means by which
A) funds are transferred from savers to borrowers. B) money is put into circulation. C) the government puts into operation its plans for the economy. D) business firms distribute their goods.
Keynesians have been critical of supply-side economics because it ignores
a. the natural rate of unemployment b. exogenous supply-shocks c. distributional issues. d. the costs of high inflation.
State right-to-work laws
A) prohibit discrimination in hiring. B) force companies to submit to Equal Employment Opportunities Commission arbitration in disputes. C) encourage companies to hire minorities. D) make compulsory union membership illegal.