Which of the following predictions is consistent with public choice theory?

A) Voters will sometimes cast votes based on whether they like a candidate's personality, not on hard facts.
B) Many voters will be uninformed on political and government issues.
C) Much legislation will be special interest legislation.
D) b and c
E) a, b, and c

E

Economics

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A(n) ________ in U.S. prices will cause an increase in the demand for U.S. dollars and a(n) ________ in the (per dollar) exchange rate

A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease

Economics

Microeconomics is the study of

A) how households and firms make choices. B) the economy as a whole. C) the global economy. D) topics such as unemployment, inflation, and economic growth.

Economics