Compared to proportional-representation systems, two-party systems are thought to:
A. lead to more diverse views in the policy process.
B. offer a wider variety of platforms among which voters can choose.
C. create unwieldy combinations of policies within one platform.
D. be much less efficient and lead to very few compromises when voting.
C. create unwieldy combinations of policies within one platform.
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a. Disappointments b. Crises c. Sports activities d. Office meetings
The monopsonist's marginal labor cost curve always lies below the labor supply curve
Indicate whether the statement is true or false
If the reserve ratio is 10 percent, the money multiplier is equal to 10
Indicate whether the statement is true or false
Which of the following is most likely to help promote the efficient use of resources and rapid economic growth?
a. high tariffs and imposition of other trade restrictions b. high marginal tax rates c. an open and competitive capital market d. high rates of inflation