A recession hits hardest in those regions that:
a. have large numbers of labor unions.
b. are located near interstate highway systems and congestion.
c. do not have adequate natural resources.
d. produce capital goods and durable goods.
d
Economics
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In order to ensure consistency across goods and services, elasticities should always be calculated based on absolute changes in quantity demanded
Indicate whether the statement is true or false
Economics
The median voter model predicts that in a representative democracy _____
a. party platforms will converge to one preferred by the median voter b. successful politicians will emulate the median voter c. third parties will not exist d. successful politicians come from the median political party
Economics