"Logrolling" is
A) the exchange of votes to gain support for legislation.
B) pressure that special interest groups place on politicians.
C) when politicians refuse to go into detail and speak only in generalities.
D) the process by which government agencies make sure they spend their allotted annual budget.
A
Economics
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A) higher; increases B) higher; reduces C) lower; increases D) lower; reduces
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Suppose that the price elasticity of demand for wheat is known to be -0.75. Will a good wheat crop (which increases the supply of wheat) be likely to increase or decrease the revenues of farmers? Carefully explain
What will be an ideal response?
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