A tax on buyers shifts the demand curve to the right

Automatic stabilizers

A) are never altered. B) often make any downturn in the economy worse. C) must be determined by the Congress in each budget. D) work counter-cyclically to moderate the business cycle.

"I know that my vote alone will not influence whether or not any new foreign trade legislation is enacted, so I have decided not to spend the time learning about various legislative proposals." This quote reflects an example of

A) the free-rider problem. B) government failure. C) rational ignorance. D) voter inefficiency.