Special interests are _____ on political issues where they may receive concentrated benefits

a. stable
b. cyclical
c. rationally ignorant
d. not rationally ignorant

d

Economics

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If Mexico has foreign assets worth $100 billion and no liabilities, a 15% depreciation of the peso will result in a(n):

A) increase in liabilities at home by 100 billion pesos. B) decrease in assets at home by 150 billion pesos. C) decrease in overall wealth by 15%. D) increase in overall wealth.

Economics

The marginal revenue received by a perfectly competitive firm is greater than the price of a good

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

Economics