If voters are rational, they are more likely to vote
A. if the issues are complex.
B. when they are employed.
C. in small local elections.
D. in large national elections.
Answer: C
You might also like to view...
A firm that operates in Stage III of the short-run production function
A) has too much fixed capacity relative to its variable inputs. B) has too little fixed capacity relative to its variable inputs. C) has greatly overestimated the demand for its output. D) should try to increase the amount of variable input used.
Assume the marginal propensity to consume (MPC) is 0.80 and the government increases taxes by $100 billion. The aggregate demand curve will shift to the:
a. left by $80 billion. b. right by $200 billion. c. right by $400 billion. d. left by $400 billion.
Which of the following provides a longer run measure of the exchange rate?
a. purchasing power parity (PPP) b. exchange rate c. GDP per capita d. GDP
Which of the following is an accurate rough translation of ceteris paribus?
a. “supporting the same idea” b. “making everything else different” c. “holding everything else constant” d. “challenging the same idea”