Author Question: Economic theory predicts A) balanced budgets are impossible to achieve through a democratic ... (Read 101 times)

jjjetplane · **on:** Jun 29, 2018

Economic theory predicts

A) balanced budgets are impossible to achieve through a democratic political process.
B) budget surpluses are impossible to achieve through a democratic political process.
C) budget deficits are likely to occur through a democratic political process.
D) the absolute size of the budget will be systematically reduced in the long run through democratic political processes.

Question 2

Which one of the following is not an accurate description of the activities in which labor unions engage?

A) Control competition among workers for jobs.
B) Encourage consumers to purchase union-made products exclusively.
C) Enforce seniority criteria when employers are contemplating layoffs.
D) Help workers compete against corporate employers.
E) Protect workers against arbitrary treatment by management.