The simple model of competition among political parties long used by political scientists tends to lead to the practical solution of selecting the
A) optimal tariff.
B) prohibitive tariff.
C) zero (free-trade) tariff.
D) the tariff rate favored by the median voter.
E) the tariff rate supported by exporters.
D
Economics
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The most significant expansion of Medicaid since its inception occurred in 1997 and is referred to as
a. SCHIP. b. SHIP. c. TANF. d. AFDC.
Economics
Refer to the four graphs below. Select the graph above that best shows the changes in demand and supply in the market specified in the following situation: In the market for music CDs sold in stores, if more consumers switch to music-downloads from the
Internet, and the cost of making music CDs decreases because of technological improvement in production.
A. Graph A
B. Graph B
C. Graph C
D. Graph D
Economics