Refer to the table below, which shows the ranked preferences of voters for three alternative projects, with "1" being the top preference. In a paired-choice vote between a stadium and a park:
A. A majority of the voters would favor the park, 2-to-1
B. A majority of the voters would favor the stadium, 2-to-1
C. A majority of the voters would favor the park, 3-to-0
D. A majority of the voters would favor the stadium, 3-to-0
A. A majority of the voters would favor the park, 2-to-1
Economics
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An example of a fiscal stimulus is
A) increasing the quantity of money. B) lowering the interest rate. C) decreasing government expenditure. D) decreasing needs-tested spending. E) cutting taxes.
Economics
An inferior good is one that consumers buy in smaller quantities when the price of that good rises.
Answer the following statement true (T) or false (F)
Economics