Which one of the following economists has played a central role in the development of the "economics of collective decision making," better known as public choice analysis?
a. Alfred Marshall
b. John Maynard Keynes
c. James Buchanan
d. Milton Friedman
C
You might also like to view...
In the figure above, the U.S. government's revenue from the tariff is ________
A) $64 million B) $32 million C) $128 million D) $48 million
Which of the following was NOT cited as contributing to unusual uncertainty having an adverse effect on aggregate supply?
A) the possibility that Congress may let the 2001, 2003 tax cuts to expire B) the Fed's limited use of monetary policy in fighting the recession C) the severity of the financial crisis D) concern that the Affordable Care Act would increase the cost of hiring workers
Which of the following is not an example of M1 money?
(A) A checking account (B) Travelers' checks (C) Currency (D) A mutual fund
A tax imposed by a government on imports of a good into a country is called a
A) tariff. B) value added tax. C) sales tax. D) quota.