The date at which a recession starts is called the

A) trough. B) peak. C) depression. D) plateau.

B

Economics

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Congressman Flack votes for a program that will benefit the constituents of Congressman Walpole. The public choice model suggests that Flack's vote is best explained by which of the following?

A) logrolling B) the voting paradox C) party loyalty D) rational ignorance

Economics

Which of the following is an example of an economic trade-off that a firm has to make?

A) whether it is cheaper to produce with more machines or with more workers B) deciding why consumers want its products C) whether or not consumers will buy its products D) deciding what profit margin it desires for its products

Economics