The ________ states that in an ordinary election between two candidates, the candidates will position themselves in such a way that their platforms reflect the views of the voter in the middle

Proponents of a balanced government budget acknowledge that running a budget deficit is justifiable in time of war

a. True b. False Indicate whether the statement is true or false

The competitive labor market model suggests that the persistence of significant employer discrimination requires the owners of the firm to

A. engage in collusion. B. hire a quantity of labor in which VMPL exceeds the wage rate. C. supply capital at a rate of return below what could be earned elsewhere. D. supply capital at a rate of return higher than what they could earn by investing their money elsewhere.