The best estimate for the size of overseas trade as a proportion of national income in 1774 is:
a. 0%-5%.
b. 15%-20%.
c. about 50%.
d. 70%-75%.
b. 15%-20%.
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A time-series graph reveals whether there is a ________, which represents ________
A) trend in a variable; a general tendency for the variable to rise or fall B) relationship between two variables; a cross-section relationship C) trends in two variables; unrelated variables D) relationship between two variables; a trend in a variable E) cross-section relationship; a general tendency for the variables to rise or fall
What is logrolling?
A) a situation where a policymaker gets the government to fund a non-essential project benefiting her family members B) a situation where a policymaker accepts bribes to prevent proposed legislation from coming to a vote C) a situation where policymakers transfer resources from those voters who are unlikely to have a huge impact on the political outcome to those who contribute to political campaigns D) a situation where a policymaker votes to approve a bill in exchange for favorable votes from his colleagues on other bills