Public choice economics is the study of how elected officials are placed in their official capacities

Indicate whether the statement is true or false

F

Economics

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"The weather induced failure of the 1999 grain crop leads Russia to quadruple grain imports from the United States." Assuming that the U.S. grain exports come from government warehouses,

A) net investment in the United States would increase dramatically according to the flexible accelerator theory. B) net investment in the United States would decrease dramatically according to the flexible accelerator theory. C) there would be no change in net investment since the Russian demand is temporary. D) net investment would increase slowly since this is agriculture.

Economics

The existence of discouraged workers: a. increases the size of the labor force, but does not affect the unemployment rate

b. affects neither the size of the labor force nor the unemployment rate. c. may cause the official unemployment rate to understate the true amount of unemployment. d. may cause the official unemployment rate to overstate the true amount of unemployment.

Economics