Public choice theory states that government officials act in the public interest rather than their own self-interest when setting policies and regulations.
Answer the following statement true (T) or false (F)
False
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The difference between the exports and imports of goods in a country is referred to as the
A. balance of payments. B. exchange rate. C. balance of trade. D. balance of power.
When you compare the effects of government spending on aggregate demand with the effects of taxes on aggregate demand, the effects of government spending are
a. smaller. b. larger. c. the same. d. impossible to predict.
Monopolists can practice price discrimination in all monopoly markets
a. True b. False Indicate whether the statement is true or false
A downward movement along the investment demand curve would be caused by a(n):
A. increase in the expected rate of return on investment caused by an increase in business confidence. B. decrease in the expected rate of return on investment caused by a decrease in business confidence. C. increase in the rate of interest. D. decrease in the rate of interest.