One U.S. Senator promises to vote for a measure that another U.S. Senator wants only if the favor is returned in kind. This is an example of
A) rational ignorance.
B) median voter politics.
C) logrolling.
D) public interest talk.
E) none of the above
C
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The OASDI trust fund is projected to sink below zero in ¬¬_____
a. 2012 b. 2021 c. 2033 d. 2045
Which of the following curves show an inverse relationship between a nation's inflation and unemployment rates?
a. The aggregate demand curve. b. The aggregate supply curve. c. The short-run Phillips curve. d. The long-run Phillips curve.
The debt-ratio is the ratio of the debt to
A) government spending. B) saving. C) taxes. D) personal disposable income. E) GDP.
The XYZ Computer Company has a monopoly over the production of a specialized color printer. The XYZ Computer Company will find it profitable to reduce output as long as marginal revenue
A. is positive. B. is greater than marginal cost. C. is less than marginal cost. D. equals marginal cost.