Which of these scenarios represents an example of the Prisoner’s Dilemma for a government?
The decision on whether or not to limit catches of a particular fish stock when faced with a risk of global depletion
A decision whether to conserve an ancient meadow or build a new motorway through it
A decision over whether to increase investment in wind power or nuclear energy
A decision on whether or not to build flood defences on a river plain
The decision on whether or not to limit catches of a particular fish stock when faced with a risk of global depletion
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Keynes argues that government deficit spending
A. causes economic recession B. stimulates a sluggish economy and prevents recessions C. can balance the budget D. causes increased taxes
The Dayton Accord
a. resolved the issue of ethnic power distribution in Bosnia. b. imposed a temporary and uneasy peace. c. illustrated how European states could end a war without U.S. leadership. d. was signed because of UN and EU pressure. e. occurred without incentives provided by use of force.
Why is the Social Security tax considered one of the least visible taxes?
A. There is no total tax bill viewable to the taxpayer. B. It is progressive. C. It is fiscally neutral. D. The employer pays all of the tax.
What procedure limits debate of budget controversies to twenty hours, thereby ending the threat of a filibuster in the Senate?
a. caucus b. cloture c. programmatic requests d. reconciliation