A situation where a member of Congress votes to approve a bill in exchange for favorable votes from other members on other bills is called
A) logrolling. B) special interest legislation.
C) regulatory capture. D) rent seeking.
A
Economics
You might also like to view...
At the XYZ Co, a unit of capital costs 3 times as much as a unit of labor. If the isoquants are convex, and the firm does not change its input mix in the long run, we can conclude that
A) MPK = 3 ? MPL. B) the firm will not hire any capital. C) the firm will hire 3 times as much labor as capital. D) the firm will hire 3 times as much capital as labor.
Economics
When the money market is drawn with the value of money on the vertical axis, as the price level increases the quantity of money
a. demanded increases. b. demanded decreases. c. supplied increases. d. supplied decreases.
Economics