Lulu did not vote in the last election. When Ari asked her why, she said, “None of the candidates thinks like I do, and there are so many voters that what I want and my vote don’t matter. I’m not wasting my time playing a game and throwing away my vote.” What would a public choice economist say about Lulu?
a. She lacks basic logic.
b. She is a traitor.
c. She does not understand economics.
d. She is rationally ignorant.
d. She is rationally ignorant.
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A) 4% B) 3.2% C) 6.4% D) 8%
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What will be an ideal response?
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
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The best way to address differences in labor and environmental standards is through trade barriers
Indicate whether the statement is true or false