If each voter pays taxes in proportion to her demand, then _____
a. the median voter's most preferred outcome will definitely occur
b. the condition for economic efficiency is satisfied
c. special interests will have no power
d. political institutions are optimal
b
Economics
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The Constitution of the United States grants ________ the authority to regulate commerce and to impose tariffs
A) Congress B) the President C) the Supreme Court D) the U.S. Trade Representative
Economics
Under the Classical assumptions, an increase in government spending causes
A) income to rise. B) income to fall. C) interest rates to rise. D) interest rates to fall.
Economics