Agencies budgetary requests will be excessively large because ...

[sjones]

Agencies budgetary requests will be excessively large because _____.
 
  a. demand for government services is always increasing
  b. they want to make the President happy
  c. they know that their final budget will be smaller than their requests
   d. of logrolling

Question 2

Price and quantity in Bertrand and Cournot models
 
  A) are the same.
  B) are different.
  C) might be the same depending on whether the products are identical or differentiated.
  D) are the same as in a duopoly.

[dudman123]

Answer to Question 1

c

Answer to Question 2

B