Which of the following is based on the idea that power should be concentrated in the hands of the majority?
A. the consensus vision of democracy
B. the majoritarian vision of democracy
C. substantive representation
D. symbolic representation
B. the majoritarian vision of democracy
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Suppose policy makers want to increase GDP by $450 billion. If the marginal propensity to consume is 0.9, by how much must government spending increase to achieve this target?
What will be an ideal response?
The likelihood of an individual's vote being significant in a Presidential election is fairly high, especially if they live in a swing state
a. True b. False
Which of the following words and phrases best captures the notion of equality?
a. minimum waste b. maximum benefit c. sameness d. efficiency
A currency has depreciated in value if it takes more of a foreign currency to buy it
Indicate whether the statement is true or false