If the economy is producing at capacity and consumers are willing and able to buy more even more goods, this may cause

Arbitrage means seeking profit by

A) buying high and selling low. B) buying low and selling high. C) either of the above. D) neither of the above.

The theorem that suggests that politicians maximize their votes by taking the policy position preferred by the median voter, under certain conditions is called the:

A. average voter theorem. B. mid-voter theorem. C. median-voter theorem. D. moderate vote theorem.