Explain: Politicians would make more rational economic decisions if they werent running for reelection every few years.

Question:

Explain: “Politicians would make more rational economic decisions if they weren’t running for reelection every few years.”

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Economics

ISBN: 978-0073375694

18th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

See More Books

Question Posted: May 23, 2013 07:49 AM

See More Questions

European call option and put option on IBM stock have the same strike price and same time to maturity. Now, the price of the call is $3.35 and the price of the put is $0.85. One minitues later, news...
Risk Management in Action: Every day you make risk Management decisions in daily life. Should you get in the car and drive to the store? Should you jaywalk or cross at the light? Should you get on...
Every few hundred years most of the up on the same side of the Sun. Calculate the total force on the Earth due to Venus, Jupiter, and Saturn, assuming all four planets are in a line (Fig. 5-38). The...
The economic environment of our country currently does not lend itself to being able to successfully run capital campaigns. In a two page document, research and identify 2 successfully capital...
Write a Matlab function to price an European call.
The board of directors of Mesa Verde Tool Company set the profit goal for calendar year 2016 at $2,200,000. It also established a bonus plan in which the top five officers of the company will share...
For the exercises in this book, I have created numerous indexes using the ANES dataset (see Appendix A). One of them I call the Wiretapping Index, and it is made up of two variables. Take the two...
Ronald Naquin, an employee of Air Engineered Systems & Services, Inc., owned one-third of its outstanding shares. After six years, he was fired and an offer was made to buy out his interest in Air...
40 1 points Save Answer Although this method of researching price sensitivity has been used before, it's advisable to refrain from depending on it since answers can be highly misleading since they...
The bar BCD of length L has a constant thickness t, but its width varies as shown. The cross-sectional area A of the bar is given by A= bt(1+x/L). The ends of the bar are attached to the rigid walls,...
How does the problem of limited and bundled choice in the public sector relate to economic efficiency? Why are public bureaucracies alleged to be less efficient than private enterprises?
Distinguish between the benefits-received and the ability-to-pay principles of taxation. Which philosophy is more evident in our present tax structure? Justify your answer. To which principle of...
Change in Depreciation Estimate A company purchased an asset on January 1, 2008, for $10,000. The asset was expected to have a ten-year life and a $1,000 salvage value . The company uses the...
A Ltd. is preparing its cash budget for the period. Sales are expected to be ` 1,00,000 in April 2015, `2,00,000 in May 2015, ` 3,00,000 in June 2015 and ` 1,00,000 in July 2015. Half of all sales...
A Company Operates throughput accounting system. The details of product A per unit are as under: Selling price `40 Material Cost `10 Conversion Cost `15 Time on Bottleneck resources 10 minutes What...
(Equal principal payment loan) You took a 5-year, $100,000 loan. The loan has equal principal payments. The loan carries a 6% annual interest rate and is paid back in annual payments. a. What is the...
The swap spread is the difference between the swap rate and the equivalent-maturity Treasury bond yield. Explain why a widening swap spread may be a signal of deteriorating economic conditions. Plot...
What are the two propositions of the MM Model? What is the significance of these propositions?
An engineer borrowed $3000 from the bank, payable in six equal end-of-year payments at 8%. The bank agreed to reduce the interest on the loan if interest rates declined in the United States before...
A $ 150 bicycle was purchase don December 1with a $15 down payment the balance is to be paid at the rate of $10 at the end of each month, with the first payment due on December 31. The last payment...
A company buys a machine for $12,000, which it agrees to pay for in five equal annual payments, beginning one year after the date of purchase, at an interest rate of 4% per annum. Immediately after...
Use the following information: \ table [ [ Country , \ table [ [ Consumer Prices ] ] , Interest Rates,Current Units ( per US$ ) ] , [ Forecast , 3 - month, 1 - yx Covt Bond,, ] , [ 2 0 2 4 e ,...
Year-to-date, Yum Brands had earned a 3.70 percent return. During the same time period, Raytheon earned 4.58 percent and Coca-Cola earned 0.53 percent. If you have a portfolio made up of 40 percent...
Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stock B Stock C Boom .15 .31 .41 .21 Good .60 .16 .12 .10 Poor .20 .03 .06 .04 Bust .05 .11 .16 .08 a. Your...

Explain: Politicians would make more rational economic decisions if they werent running for reelection every few years.

Question:

Step by Step Answer:

Because political officeholders must seek voter support every few ...View the full answer

Economics

Students also viewed these Economics questions