The public choice model asserts that the self-interest of policymakers is likely to cause them to take actions that are inconsistent with the preferences of voters, even where those preferences are clear

Indicate whether the statement is true or false

TRUE

Economics

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If s denotes savings rate, I denotes aggregate investment, and Y denotes GDP, then which of the following equations is correct?

A) I = s × Y B) I =s/Y C) I = Y/s D) Y = s × I

Economics

A merger will be challenged by the FTC in a market where the Herfindahl-Hirschman Index (HHI) is ________, and the merger would increase it to ________

A) 2,900; 3,100. B) 1,700; 1,760 C) 800; 950 D) 2,000; 2,040

Economics