The median voter's preferred outcome is the same as the
a. average preferred outcome.
b. outcome preferred by the greatest number of voters.
c. outcome produced by majority rule.
d. outcome preferred by Arrow's "perfect" voter.
c
Economics
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The monetary base is equal to the sum of coins,
A) currency and banks' reserves at the Federal Reserve. B) currency and checkable deposits at banks. C) currency, banks' reserves at the Federal Reserve and checkable deposits at banks. D) and checkable deposits at banks. E) U.S. government securities owned by the Federal Reserve and Federal Reserve notes.
Economics
To calculate GDP using the expenditure approach, in part it is necessary to add exports and subtract imports
Indicate whether the statement is true or false
Economics