In economic models of the public sector, the median voter model presents an extreme view of the way that the public sector allocates resources

What will a home monopolist prefer?

a. high quotas b. low quotas c. low tariffs d. It would like all of these equally; that is, they are equivalent.

If a perpetuity has a price of $500 and an annual interest payment of $25, the interest rate is

A) 2.5 percent. B) 5 percent. C) 7.5 percent. D) 10 percent.