Since 1948, the average unemployment rate in the United States has been about

The degree to which monetary forces are the cause of aggregate demand instability is the major controversy between

a. classicists and Keynesians. b. monetarists and new classical economists. c. real business cycle theorists and classicists. d. monetarists and Keynesians. e. None of the above

Assume there are nine voters in a certain small town and let x = the preferred number of dollars spent per person per month on garbage collection. For Voters 1, 2 3, and 4, x = $10; for Voter 5, x = $15; for Voter , x = $18; and for Voters 6, 7, 8 and 9, x = $20 . The median voter is

a. Voter 3. b. Voter 4. c. Voter 5. d. Voter 6.