Special-interest legislation usually
a. has widespread benefits and costs
b. has concentrated benefits and costs
c. has concentrated benefits but widespread costs
d. concerns the provision of public goods
e. concerns the provision of private goods
C
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Which of the following is NOT a situation providing a potential advantage for Mexico that makes it competitive compared to China in trade with the United States?
A) The product line requires quick turn-around time from or to delivery. B) The need to manage a just-in-time inventory system C) Wages are low and the production process is labor intensive. D) The product is heavy and bulky relative to its final value.
The country of Growpaw does not trade with any other country. Its GDP is $20 billion. Its government purchases $3 billion worth of goods and services each year, collects $4 billion in taxes, and provides $2 billion in transfer payments to households. Private saving in Growpaw is $4 billion. What is investment in Growpaw?
a. $5 billion b. $4 billion c. $3 billion d. $11 billion
How do rising interest rates cause crowding out?
What will be an ideal response?
In 2009-2010 the federal government
What will be an ideal response?