Legislators facing a close electoral contest will tend to favor

A) policies with benefits greater than costs for everyone.
B) policies with benefits greater than costs for the majority.
C) policies with benefits in the near future and deferred costs.
D) policies representing the public interest.

C

Economics

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The level of equilibrium expenditure at each price level determines

A) full employment. B) the points on the AE curve. C) the points on the AD curve. D) aggregate planned production. E) the price level.

Economics

Which of the following statements about the slave family in the U.S. is most accurate?

a. Slave owners preferred slaves who lived in intact families. b. In most two-parent slave families, the parents lived on different plantations. c. The father was white in about 75 percent of the households headed by single slave mothers. d. About half of children under 15 years of age were sold away from their families.

Economics