The so-called pork-barrel politics refers to congressional members:
A. Trading votes with one another
B. Receiving perks and freebies from businesses trying to sway their votes
C. Paying close attention to the vocal special interest groups
D. Inserting provisions for local narrow projects into comprehensive legislation
D. Inserting provisions for local narrow projects into comprehensive legislation
Economics
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A good with a perfectly inelastic supply has a price elasticity of supply:
A) equal to zero. B) between zero and one. C) equal to one. D) greater than one.
Economics
The marginal cost and total revenue of a firm are $5 and $275, respectively. The reservation value of the seller in this case is ________
A) $0 B) $5 C) $55 D) $275
Economics