Exam 20: Public Choice and Special-Interest-Group Politics

The bigger the shortage of a good or service,the ____________ the seller of the good or service will be to an individual customer _________.(We are assuming here that the shortage cannot,for legal reasons,be alleviated through a rise in price. )

A man moves from a large city to a small town.In the small town he seems like a very different person than the person he was in the big city.For instance,he is more polite in the small town than he was in the big city.This could be because

Anna gives Billy a gift of $200.We can be sure that Billy will

Theory A predicts that the higher the opportunity cost of having a child,the fewer children a woman will have.Which of the following is evidence against the theory if opportunity cost is measured in terms of foregone salary?

Theory B predicts that everything that happens,happens for a reason - although we may not know what the reason is.This theory

People sometimes act differently in different settings.An economist is likely to explain this by saying

House A has an ocean view and House B does not.In all other respects,the two houses are the same.The market price of house A is $2,800,000;the market price of house B is $2,600,000.The ocean view is therefore valued at

The higher the cost of talking on a cell phone in public (in terms of being perceived by others as rude)the less likely one is to do so.

A gift-giver's efficient number of gifts (to give to a gift-recipient)has fallen from 10 to 8.This could be because

The ______________ the gap between the tuition a college student pays and the equilibrium tuition for that college,the _____________ likely the student's instructors will be on time and attentive during their office hours.

In general,in a given rich country the ______________ the opportunity cost for a woman of having and raising a child,the _____________ children she will have.

The larger a percentage of the population a person is,the ______________ likely that person will have to further engage with people she meets.This implies that she will generally be ____________ likely to behave unethically and poorly with the people in her town as the population of her town increases.

Scientists are interested in finding out when their theories are wrong,as well as when their theories are right.

Which of the following is not a prediction of the theory on baseball caps and cheating?

Smith drives his car numerous places.Sometimes he drives his car around his residential neighborhood and sometimes he drives it on the highway.Occasionally,Smith gets peeved with the way other people drive and makes a rude gesture to them.Based on one of the theories discussed in the textbook,he is

In general,a dry cleaner in a small town is ______________ likely to be unethical in his business practices than a dry cleaner in a large city.This is because the larger a percentage of the population one person is,the _____________likely that person will have to further engage with people he encounters.

To an economist,it is preferable to

There is a direct relationship between the opportunity cost of bad behavior in a public venue and the use of bad behavior in that venue.

A theory predicts that all swans are white.A thousand people go out into the field and identify the color of the swans they see.Their results reveal that,of the 10,000 swans they saw,all were white.It follows that

Which of the following theories is not falsifiable or refutable?