What is NOT a form of market failure?
a. Perfect competition
b. Natural monopolies
c. Negative externalities
d. Information asymmetries
e. Public goods
A
Political Science
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The U.S. economy, which accounted for half of global GDP in 1945, now accounts for what percentage of the world economy?
a. 10 percent b. 20 percent c. 30 percent d. 40 percent
Political Science
The federal government directly assists students through need-based grants, commonly called ________
A. Clinton Grants B. Chance Grants C. Pell Grants D. Opportunity Grants
Political Science
The model used in the text to explain civil-rights policies is the
a. public-choice model. b. rational model. c. elite model. d. institutional model.
Political Science
Which of the following best describes a constitutional democracy?
What will be an ideal response?
Political Science