The leader of a political party made the following campaign promise: "My administration will increase national defense without requiring sacrifices elsewhere in the economy." The promise can be kept if: (i) the economy moves along the production possibilities in the direction of a greater quantity of defense. (ii) the economy moves from a point inside the production possibilities curve toward a point on the production possibilities curve. (ii) the production possibilities frontier shifts outward due to an improvement in technology. a. (ii) O b. either (ii) or (iii) occur c. (iii) O d. (i), (ii) and (iii) О е. ()

Consider the race for governor of a small state. The population of the state is evenly divided between three cities-Riverville, Hanover, and Danbury. The governor's race is between Ron Ruskin (the mayor of Riverville) and Ted Topple (the mayor of Hanover). Assume that no matter what is said during the campaign, Ruskin can count on the support of 100% of the Riverville population, and Topple can count on the support of 100% of the Hanover population. Assume 100% voter participation. According to the result of majority-rule voting, the next governor will be the one preferred by the majority of the residents of The two candidates are asked in a debate about their support of recreational subsidies. Public opinion polls in the city you just identified have shown the following about the level of recreational subsidies desired: • 70% want a low level 20% want a medium level • 10% want a high level Assuming that voters prefer outcomes closer to their preferred choices to outcomes further away,…

Who would have been most likely to vote Republican in the late 19th century?

With a progressive tax, those with income tend to pay a