Which term refers to members of Congress bundling unrelated laws together to benefit projects in their own districts?
a. Budget trading
b. Vote cycling
c. Logrolling
d. Pork-barrel spending
c. Logrolling
Logrolling is an action in which all members of a group of legislators agree to vote for a package of otherwise unrelated laws that they individually favor.
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There are a few ship manufacturers in Polonia and each firm faces a downward sloping demand curve. The ship-building industry in Polonia is an example of a(n) ________
A) perfect competition B) monopolistic competition C) monopoly D) oligopoly
A job candidate refusing to take a drug test for a potential employer is an example of:
A. screening. B. building a reputation. C. signaling. D. principles-based behavior.
According to the profit-maximization goal, the firm should attempt to maximize short-run profits since there is too much uncertainty associated with long-run profits
a. true b. false
Airlines that restrict members' ability to use frequent flyer miles during holiday periods likely do so because: a. the opportunity cost to airlines of filling seats with frequent flyers is lower at these times
b. the opportunity cost to airlines of filling seats with frequent flyers is higher at these times. c. passengers have more transportation alternatives available to them at these times. d. airlines want to protect their most loyal customers from the discomfort of overcrowded airplanes.