Who is recognized as the founder of public choice theory?
A. James Buchanan.
B. Steve Forbes.
C. Joseph Pechman.
D. Adam Smith.
Answer: A
You might also like to view...
Employers can shift payroll taxes by substituting capital for labor
a. True b. False Indicate whether the statement is true or false
If the government of a country with a zero trade balance started with a budget deficit and moved to a budget surplus, domestic investment would
a. rise and there would be a trade surplus. b. rise and there would be a trade deficit. c. fall and there would be a trade surplus. d. fall and there would be a trade deficit.
Quantity demanded will equal quantity supplied if a ________ is set ________ the equilibrium price.
A. price floor; above B. price ceiling; below C. price ceiling; at or below D. price ceiling; above
The employment-to-population ratio is defined as
A) total employment divided by labor hours then multiplied by 100. B) the labor force divided by the working-age population then multiplied by 100. C) total employment divided by the labor force then multiplied by 100. D) total employment divided by the working-age population then multiplied by 100.