Why are independent agencies established as independent?
What will be an ideal response?
Independent agencies were created separately from cabinet departments (or carved out of them) by Congress to ensure that they are insulated from the control by the president and executive-legislative politics. This feature is important because of the economic and regulatory implications inherent in their responsibilities.
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Samuel "Joe the Plumber" Wurzelbacher won the GOP nomination in Ohio's 9th congressional district with no previous political experience. Why was Wurzelbacher not considered a "pure" amateur?
a. He had sufficient campaign funds. b. He had name recognition. c. His personal income was high. d. He owned his own business.
How has Madison's vision of the national government as the ultimate guarantor of individual rights fared throughout the years?
A. It has failed due to the demand by factions for repressive legislation. B. It has been discredited by the Supreme Court. C. It has largely been shown to be inaccurate by state action. D. It has largely been realized.
The delegation problem where the principal doesn’t have complete information about how the agent is performing is known as:
A. moral hazard B. linkage problem C. adverse selection
In a capitalist society, at the end of the day, the state or government always has to ensure that business is protected, even if it comes at the cost of other parts of society (workers, farmers, and others)
Indicate whether this statement is true or false.