What phrase describes inferior management decision making based on information asymmetries?
a. moral hazard
b. adverse selection
c. rationality
d. blindness in truth
b. adverse selection
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Which of these is a source of power for the governor when dealing with bureaucracies?
a. the fact that the governor often appoints the agency head or the members of the board that oversees the agency b. influencing legislators to look favorably on the agency c. helping an agency get its budget increased d. giving an agency visibility e. all of these
Incumbents are prohibited from pursuing casework because it is seen as an unfair electoral advantage
Indicate whether this statement is true or false?
In terms of future economic success, it is much better to be a software engineer than a service industry worker
Indicate whether the statement is true or false
Primary elections are elections in which voters elect officeholders
Indicate whether the statement is true or false