A special interest will be able to influence a legislature's actions _____
a. only if there are not special interests on the other side of the issue
b. if enough members of the legislature are corrupt
c. up to the point where the marginal political support they provide equals the marginal political opposition of other special interests
d. as long as the marginal political support they provide to the legislature is positive
c
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If demand and supply both decrease
A) the equilibrium quantity definitely will decrease, and the market clearing price definitely will decrease. B) the equilibrium quantity definitely will decrease, and the market clearing price definitely will increase. C) the market clearing price definitely will decrease, but the change in the equilibrium quantity cannot be determined without more information. D) the equilibrium quantity definitely will decrease, but the change in market clearing price cannot be determined without more information.
The changing of government expenditures to achieve national economic goals is
A. inflationary fiscal policy. B. discretionary fiscal policy. C. automatic fiscal policy. D. budget deficit policy.