If Terry sets the agenda for an election, she can possibly manipulate the outcome based on the order of events to be voted on
Indicate whether the statement is true or false
TRUE
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Real investment spending for the past 35 years is more volatile than real personal consumption
a. True b. False Indicate whether the statement is true or false
Refer to the graph below. The amount of profit is measured by the difference between:
A. a and c
B. b and c
C. d and e
D. a and f
Macroeconomic topics do not usually include: a. the rate of inflation
b. the rate of unemployment. c. economic growth. d. the profit maximizing decisions of an individual firm.
Procrastination, addiction, and honesty
a. may be explained by preferences that are not transitive b. violate the economist's assumption that "more is better" c. help to explain why the substitution effect is more powerful than the income effect d. are often inconsistent with narrowly defined rationality e. are inferior economic "goods".