Research demonstrates that elections can be swayed by factors other than the rational policy considerations of well-informed voters, such as:
A. handshaking.
B. eating food at a county fair.
C. mudslinging.
D. All of these can sway a vote.
D. All of these can sway a vote.
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One difference between the assets included in M1 and those added to calculate M2 is that items in M1 are
A. better stores of value than those added to compute M2. B. more liquid than those added to compute M2. C. less liquid than those added to compute M2. D. larger than those added to compute M2.
Refer to Figure 2-2. What is the opportunity cost of one dozen roses?
A) 0.4 dozen orchids B) 2.5 dozen orchids C) 7.25 dozen orchids D) 16 dozen orchids
If a firm is able to practice first-degree price discrimination, the firm will produce ________ than if they charged a single price to all consumers and the firm will earn ________ profit than if they charged a single price to all consumers.
A) more; more B) less; more C) more; less D) less; less
Inventories rise when
A. Actual demand for output is more than expected B. Actual demand for output is less than expected C. Actual supply of output is less than expected D. Actual demand for output is about the same as expected