Which of the following is most likely to be a shortcoming of a market economy?
A. production of poor-quality goods
B. inadequate capital for investment
C. substantial inequality in the distribution of resources
D. over-centralization and inflexibility
Answer: C
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Bicameralism is intended to weaken the legislature's capacity to act too quickly and impulsively.
Answer the following statement true (T) or false (F)
To gauge whether economic development subsidies are working as anticipated, states are encouraged to
a. build evaluation of incentives into policy and budget debates. b. use solid data and analysis to measure the economic impact of incentives. c. clarify the goals of incentives. d. All of these choices.
A writ of mandamus is a court order to a public official to perform an act that is legally required
Indicate whether this statement is true or false.
The No Child Left Behind Act is an example of a(n) __________
a. block grant b. categorical grant c. programmatic request d. unfunded mandate