Macland is going through a recession, and its government is borrowing 1 billion dollars to increase government spending and stimulate the economy. This has increased the interest rate, decreasing the number of private investors. What is this situation in investments called?

Which of the following is NOT an element of a seller's decision-making process in a perfectly competitive market?

A) The relationship between the inputs and outputs B) The cost of the inputs C) The price of the output D) The number of buyers

Voters may choose to remain uninformed about an issue because of:

a. the special-interest effect. b. rational ignorance. c. bureaucratic inefficiency. d. the shortsightedness effect.