If voters lack an economic incentive to become informed about pending legislation, then their preferences become a constraint on legislators voting for rent-seeking legislation
Indicate whether the statement is true or false
FALSE
Economics
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According to game theory, a cartel of several firms is an example of a(n)
A) zero-sum game. B) positive-sum game. C) cooperative game. D) noncooperative game.
Economics
Refer to the given information. The financial account items for Zippo are:
The plus items below are "export-type" entries and the minus items are "import-type" entries in the balance of payments for the hypothetical country of Zippo.
A. 1, 2, 3, and 4.
B. 1, 3, 4, 5, 7, and 9.
C. 6 and 8.
D. 1, 2, 4, 7, and 9.
Economics