Political candidates tend to be very similar in a representative democracy because _____
a. most candidates are wealthy
b. the average voter demands conformity
c. of cyclical majorities
d. party platforms converge toward the median voter
d
Economics
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The precise terms of each futures contract are
A) negotiated by the long and the short. B) set by the short position. C) set by the long position. D) established by the exchange on which the trade takes place.
Economics
Due to inflation, nominal prices are usually
A) equal to real prices. B) smaller than real prices. C) larger than real prices. D) a constant proportion different from real prices.
Economics