Blog

The median voter is the person/voter who is exactly in the middle of the population, when one is counting the population in numbers.

The incumbent president is MORE likely to win reelection if:

Special interest groups have a large incentive to be _____ about legislation that benefits them directly, whereas voters tend to be _____ regarding these issues.

As part of the American Recovery and Reinvestment Act, $7 million was earmarked to build a bridge over a railroad crossing so that 168 Nebraska town residents wouldn’t have to wait for the trains to pass. Which of these BEST explains why this proposal was passed?

If the federal government spends 12% of GDP and collects revenues of 10% of GDP, what is the deficit as a percentage of GDP?

Which of these was the main cause of the 1974 famine in Bangladesh?

Political business cycles are due primarily to _____ voters.

Suppose South Africa can produce 6 phones or 3 computers with 1 unit of labor, and Australia can produce 7 phones or 2 computers with 1 unit of labor. If South Africa can trade only with Australia, then the theory of comparative advantage suggests that South Africa should:

Table: iPhone and Apple Watch Production 1 iPhone 1 Apple Watch Chinese labor units 3 3 German labor units 5 4 According to the table on iPhone and Apple Watch production, which statement is TRUE?

Figure A: Supply Right Shift Figure B: Supply Left Shift Which statement is TRUE?