Examlex
Economic studies have concluded that a new bill lowering the trade restrictions on the importation of sugar would be good for the economy. President Sweet Tooth highlights the results of this study in his state of the union address and sends the "Sweet Tooth" bill to Congress. Another economic study declares that subsidizing coal mining and orange growing have both been found to be economically inefficient in that the costs outweigh the benefits. However, a subsidy on coal mining would help the coal producers in West Virginia and a subsidy on orange growing would help the orange farmers in Florida. So when the "Sweet Tooth" bill makes its way through congress the senators from West Virginia and Florida will only vote for it if they have their coal-mining and orange-growing subsidies attached to it. The bill gets to President Sweet Tooth with these and other economically inefficient subsidies attached to it, and he passes the bill in its entirety. Which term best describes what just happened?
Salts
Ionic compounds resulting from the neutralization reaction of an acid and a base, commonly used in food and for industrial purposes.
Pancreas
A gland in the digestive system that produces enzymes for digesting food and hormones such as insulin for regulating blood sugar levels.
Carbohydrates
Organic compounds consisting of carbon, hydrogen, and oxygen, serving as a major source of energy and structural components for organisms.
Lipids
A group of naturally occurring molecules that include fats, waxes, sterols, fat-soluble vitamins (such as vitamins A, D, E, and K), monoglycerides, diglycerides, triglycerides, phospholipids, and others.
Q5: Public choice theory indicates that competitive forces
Q32: A local Krispy Kreme doughnut shop reduced
Q64: The government sometimes provides public goods because<br>A)private
Q77: A deadweight loss results from the imposition
Q93: A market is unlikely to provide an
Q164: In 2008, the combined expenditures of federal,
Q179: Using Figure 8-4, calculate the firm's total
Q196: When total revenue minus total economic cost
Q228: Refer to Figure 4-13. The supply curve
Q230: A legal system that provides secure private