"Vote for my special local project and I will vote for yours." This political technique:
A. illustrates the paradox of voting.
B. is called "logrolling."
C. illustrates the median voter model.
D. undermines the benefits-received principle.
Answer: B
You might also like to view...
In a call center, which of the following situations can be considered as a variable input in the short run?
A) the level of computer software being utilized B) the number of call center representatives on duty at the center C) the number of call center managers or supervisors D) the size (e.g., square footage) of the call center
Which of the following is an example of a positive externality?
a. air pollution b. littering in a public park c. buying a new automobile d. planting a nice garden in front of your neighbor's house e. pollution of a stream
The earnings of a resource include both opportunity cost and economic rent, if the supply curve of a resource is downward sloping
Indicate whether the statement is true or false
The standard cobweb model makes which two assumptions?
A. Workers are forward looking, and job adjustments are instantaneous. B. Workers are forward looking, and job adjustments take time. C. Workers are myopic, and job adjustments are instantaneous. D. Workers are myopic, and retraining of one's skills happens instantaneously. E. Workers are myopic, and job adjustments take time.