Market failure occurs when:
A.
People pursuing individual interests harm collective interests
B.
The stock market crashes
C.
Governments fail to reach a compromise on a piece of legislation
D.
Public goods are consumed faster than they can be produced
E.
Private interests are forced to start producing public goods
A.
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The term original six refers to
a. the United Kingdom, Germany, Luxembourg, the Netherlands, Belgium, and Italy. b. France, Germany, Luxembourg, the Netherlands, Belgium, and Spain c. France, Germany, Italy, the United Kingdom, Belgium, and the Netherlands. d. France, Germany, Luxembourg, the Netherlands, Belgium, and Italy. e. France, Germany, the United Kingdom, Italy, Spain, and Belgium.
"Legislative intent" in laws is often vague and ambiguous, thus providing discretion to administrators implementing laws
Indicate whether this statement is true or false.
Which of the following is an example of Congressional casework?
a. voting to lower taxes on an important group of constituents b. writing a newspaper editorial in support of a recent vote c. ensuring a constituent receives a missing Social Security check d. voting to pass healthcare reform
Which legal concept would yelling "Fire" in a crowded theater violate?
A. Bad tendency rule B. Strict scrutiny test C. Lemon test D. Prior restraint E. Clear and present danger test