Government officials facing the challenge of an election will tend to make decisions
A) acceptable to a majority whether or not the majority is informed on the issues.
B) expressing the public interest.
C) favoring the long run interests of the majority.
D) that reflect a high rate of time discount.
D
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Which of the following is true?
a. Borrowers take bigger risks with their money than they would with other peoples' money b. Borrowers take bigger risks with other peoples' money than they would with their own c. Borrowers take big risks on investments regardless of whether it is their own money or not d. Borrowers should not be investing at all
A headline reads "Perfect Weather Brings Record-High Coffee Harvest." This situation would lead to a(n):
A. Increase in the price and in the quantity purchased of coffee B. Decrease in the price and in the quantity purchased of coffee C. Increase in the price and a decrease in the quantity purchased of coffee D. Decrease in the price and an increase in quantity purchased of coffee
Lagging variables are aggregate economic variables that
A) reach a peak after leading variables but before coincident variables reach a peak. B) reach a peak after coincident variables reach a peak. C) reach a peak two or more years after aggregate economic activity reaches a peak. D) are insensitive to business cycles.
Between 1945 and 1950, federal expenditures
(a) dropped by two-fifths despite the Marshall Plan. (b) dropped by two-fifths because of dissipation of wartime expenditures. (c) increased by two-fifths because of increased spending in private consumer and business markets. (d) increased by two-fifths because of the Marshall Plan.