In your own words, define the principal-agent problem. Use an example if necessary.
What will be an ideal response?
Students should define, in their own words (paraphrasing): “A problem in which a principal hires an agent to perform a task but the agent’s self-interest does not necessarily align with the principal’s, so the agent may not carry out the task as assigned.”
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_________________ led competing groups against Victoriano Huerta in the early 20th Century
a. Calderon, Fox, and Salinas b. Díaz, Marcos, and Cardenas c. Villa, Zapata, and Carranza d. The PRI, PAN, and PRD
Jennifer grows up in a politically active household, where both her parents vote, contribute to campaigns, listen to nightly news broadcasts, and read weekly news magazines. They involve Jennifer in their discussions of the political events of the day, often commenting about the social and economic policies that they favor. In time, Jennifer learns that her parents favor government bailouts of troubled national industries and that government should act to improve public education. As she matures, she adopts the political party affiliation of her parents. What process has Jennifer undergone?
a. political assimilation
b. political definition
c. political identification
d. political reinvention
e. political socialization
Fatima Lucinda Sami
The Congressional Budget Office was created as a check on the growing power of the Office of Management and Budget
Indicate whether the statement is true or false
In a democratic society, which is not a characteristic of pluralistic decision making?
a. It is a common feature of government. b. It involves the participation by many groups and officials in governmental decisions. c. It is a distinguishing feature that differentiates public and business administration. d. It reduces the accountability of public officials.