Limits on ________ may help reduce their influence in the political process, but such limits would heighten the current advantage of ________
a. special-interest campaign contributions; challengers over incumbents
b. government-financed campaigns; challengers over incumbents
c. special-interest campaign contributions; incumbents over challengers
d. government-financed campaigns; incumbents over challengers
c
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The long run in macroeconomic analysis is a period
A. in which wages and some other prices are sticky. B. in which the capital stock is held constant. C. in which full wage and price flexibility and market adjustment have been achieved. D. greater than 12 months.
When the relative price of a good increases, consumers respond by buying
a. a larger quantity of that good and a larger quantity of substitutes for that good. b. a larger quantity of that good and a smaller quantity of substitutes for that good. c. a smaller quantity of that good and a larger quantity of substitutes for that good. d. a smaller quantity of that good and a smaller quantity of substitutes for that good.