Market externalities refer to __________
a) positive and negative side-effects of the market
b) events that occur outside the market
c) events having to do with the conversion of foreign exchange
d) external costs not counted in the profit of a company
A
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a. True b. False Indicate whether the statement is true or false
Under a patronage system, government employees are hired on the basis of personal friendships or favors
Indicate whether this statement is true or false.
How do most authoritarianism regimes come to power?
a. Sudden coup d'état b. Slow and steady take over by local governments c. Usually a joint operation by the military and police d. Constitutional convention e. Mob rule from sudden epidemic or economic collapse
What factors account for the proliferation of interest groups?
What will be an ideal response?