What is logrolling?
A) a situation where a policymaker gets the government to fund a non-essential project benefiting her family members
B) a situation where a policymaker accepts bribes to prevent proposed legislation from coming to a vote
C) a situation where policymakers transfer resources from those voters who are unlikely to have a huge impact on the political outcome to those who contribute to political campaigns
D) a situation where a policymaker votes to approve a bill in exchange for favorable votes from his colleagues on other bills
D
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Which figure above shows the effect of an increase in the cost of the tomato sauce used to produce pizza?
A) Figure A B) Figure B C) Figure C D) Figure D E) Both Figure B and Figure C
The interest rates paid on Treasury bills ________
A) go down in booms B) go up in recessions C) are a coincident indicator D) all of the above E) none of the above