A village has a common pasture that everyone is allowed to use for their livestock. Because no one owns the pasture, each person has an incentive to let their livestock eat as much as they can. Because of this the pasture is barren within a year. This is an example of

A) a Malthusian Dilemma.
B) a Prisoner's Dilemma.
C) a resource curse.
D) the time horizon problem.
E) the tragedy of the commons.


E

Political Science

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Indicate whether the statement is true or false

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What will be an ideal response?

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Independent regulatory commissions regulate sectors of the nation's economy in the

a. interest of special groups. b. interest of large-scale industries. c. hope of helping special government agencies. d. public interest. e. interest of the President of the United States.

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The natural log of a correct guess is called the _______________ in logistic regression.

a. Logged likelihood b. Maximum likelihood c. Pseudo R-square d. Outcome

Political Science