What is the reason that stabilization policies do NOT have an immediate effect on an economy?

A) Consumers are slow to catch up on spending.
B) Imports come into the country too fast.
C) Exports often are not shipped fast enough.
D) There is a time lag for policies to take effect.

D

Economics

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The Coase Theorem points out that for an efficient outcome to result, it is irrelevant which party receives the property rights

Indicate whether the statement is true or false

Economics

The median-voter model attempts to explain

a. why law partners can seldom agree on the division of costs b. why, in a democracy, the preferences of the typical voter often will dominate other choices c. why democracies can evolve into dictatorships d. elections in which candidates present widely different platforms e. conditions under which majority rule is better than market exchange

Economics