To the extent that the political process of moving legislation through Congress is slow
A) the effect time lag will be long.
B) the recognition time lag will be long.
C) the action time lag will be long.
D) automatic stabilizers will not be effective.
C
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Lenders prefer to lend to firms with high net worth because
A) such firms are usually willing to pay higher interest rates. B) the owners of such firms have more to lose if the firm defaults on a loan. C) the government requires most bank loans to be made to such firms. D) such firms usually are unable to raise funds directly through financial markets.
What are the two approaches followed by the U.S. government to ease the burden on the victims of free trade?
When the marginal product of an input is ______ than the average product, the marginal units of the input _____ the average product.
A. larger; lower B. smaller; raise C. smaller; do not affect D. larger; raise
Give three different examples of rent-seeking behavior
Please provide the best answer for the statement.