Minimum differentiation among the political parties suggests that

a) the platforms of the parties will tend to have few, if any, new ideas
b) the parties will offer few ideas on minimizing the size and scope of government
c) the platforms of the parties will tend to become similar as they try to appeal to a majority of voters
d) the platforms of the parties will tend to become dissimilar as they try to appeal to a loyal majority of voters


Ans: c) the platforms of the parties will tend to become similar as they try to appeal to a majority of voters

Economics

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According to the quantity theory of money, in the long run, an increase in the quantity of money results in an equal percentage increase in ________

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Economics

If all banks are subject to a uniform 25% reserve requirement and demand deposits are the only form of money, a $1,000 open market sale by the Fed would cause the money supply to

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Economics

A shift occurs in the supply curve for salt when:

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Economics