Members of Congress promising to support each other's legislation is known as
A) explicit collusion. B) implicit collusion. C) logrolling. D) protectionism.
C
Economics
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Jon is risk averse. When he buys insurance against all risks, then
A) he knows his wealth with certainty. B) his utility exceeds his expected utility. C) his wealth exceeds his expected wealth. D) all of the above.
Economics
Economists are generally in support of:
A) government restrictions on trade. B) free international trade. C) tariffs to restrict trade. D) subsidizing exports.
Economics