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Author Question: Rational voter ignorance can lead politicians to: a. favor programs with immediate and clear ... (Read 67 times)

fbq8i

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on: Jun 30, 2018
Rational voter ignorance can lead politicians to:
 a. favor programs with immediate and clear benefits and unclear and deferred costs.
 b. fail to take all the benefits and costs of a program fully into account in deciding on which policies to favor.
  c. do a poor job of overseeing the actions of public sector bureaus.
 d. all of the above

Question 2

Which of the following holds true, if goods sell for the same price worldwide when converted to a common currency?
 a. A high rate of inflation exists
  b. A fixed exchange-rate system exists
  c. Purchasing power parity exists
  d. The foreign exchange market is in equilibrium
  e. Arbitrage opportunities exist


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ladyjames123

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


fbq8i

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

laurnthompson

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  • Posts: 334
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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