Term limits on political offices have all of the following properties except:
A. prevent officials from holding office for longer than a certain amount of time.
B. discourage corruption by ensuring that one person isn't allowed to hold onto power for too long.
C. can encourage corruption in reality by placing an official in power with no incentive to answer to his constituency.
D. encourage people to run for multiple different political offices.
D. encourage people to run for multiple different political offices.
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The law of demand states that, other things remaining the same, the higher the price of a good, the
A) smaller is the demand for the good. B) larger is the demand for the good. C) smaller is the quantity of the good demanded. D) larger is the quantity of the good demanded.
The natural employment surplus is
A) G + T. B) Y - tYN. C) tYN - G. D) YN + G + tYN.