Politicians who have to go through elections tend to focus on the short-term net benefits of projects because of:
A. Voters' tendency to more easily see short term benefits rather than long-term ones
B. The special-interest effect of specific groups among the electorate
C. The ability of government to coerce people to do things involuntarily
D. "Pork-barrel" politics and the principal-agent problem
A. Voters' tendency to more easily see short term benefits rather than long-term ones
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Since 1970 there has been a clear increase in the proportion of the banking industry assets made up of
A) mortgage loans. B) state and local government securities. C) cash. D) business loans.
A technological change that positively affects business expectations will: a. cause a rightward shift of the investment demand curve
b. cause a leftward shift of the investment demand curve. c. cause an upward movement along the investment demand curve. d. cause a downward movement along the investment demand curve. e. make the investment demand curve upward sloping.
An economic recession in Japan will cause the aggregate demand curve in the United States to shift to the right
a. True b. False Indicate whether the statement is true or false
Decentralized market-based financial systems improve the allocation of saving by:
A. eliminating the need for commercial banks or other financial intermediaries. B. matching net capital inflows to net capital outflows. C. ensuring capital gains exceed dividend payments. D. providing information and risk-sharing services.