Some individuals seek to use government action to make themselves better off at the expense of others. The actions of these individuals
A) are evidence of the voting paradox.
B) are examples of fraud; but these individuals usually avoid prosecution because of logrolling and rational ignorance.
C) offer proof that Adam Smith's "invisible hand" is not valid.
D) are examples of rent seeking.
D
Economics
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Assuming that the United States is the domestic economy, ________ are goods and services produced by ________ and purchased by ________
A) exports; foreign countries; the United States B) exports; the United States; the United States C) imports; foreign countries; the United States D) imports; foreign countries; foreign countries
Economics
Why do many economists believe that money affects output? What is the empirical evidence in support of that belief?
What will be an ideal response?
Economics