One reason for the success that firms have in getting the government to erect and maintain barriers to foreign competition is members of Congress who engage in ________, where members in districts with protected industries agree to trade votes on issues
that concern other members in order to uphold tariffs.
A) vote fixing
B) gerrymandering
C) logrolling
D) filibustering
Answer: C
Economics
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The natural rate of unemployment is the rate that exists when the economy is producing at potential GDP
Indicate whether the statement is true or false
Economics
Suppose we shopped for a basket of goods in Year 1 and it cost $350. Suppose the same basket of goods adds up to $385 in Year 2. If we use Year 1 as a base year, what would be the Year 2 CPI?
A. 35. B. 90. C. 100. D. 110.
Economics