Compared to two-party systems, proportional-representation systems are thought to:
A. lead to more centrist policies.
B. offer a wider variety of platforms among which voters can choose.
C. create unwieldy combinations of policies within one platform.
D. be much less efficient and lead to very few compromises when voting.
B. offer a wider variety of platforms among which voters can choose.
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Explain how mandatory seat belt laws may reduce the negative externalities of risky behavior
What will be an ideal response?
Subsidy is inefficient because
What will be an ideal response?
According to Keynes
A. only consumer spending could get us out of a depression. B. the problem during recessions was inadequate aggregate demand. C. the key to investment spending was aggregate supply. D. all of the statements are true.
All other factors being constant, a reduction in price tends to cause which of the following?
A) an increase in supply and an increase in demand B) a reduction in supply and an increase in demand C) an increase in quantity supplied and a reduction in quantity demanded D) a reduction in quantity supplied and an increase in quantity demanded