According to the concept of bounded rationality, decision makers __________.
A. will choose the best response to a situation
B. will choose an option that is good enough to meet some minimal criteria
C. use historical analogies in responding to a situation
D. make choices within the boundaries established by groups within the government
Answer: B
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Laissez-faire economics emphasizes the need to accumulate gold and silver, and to conquer foreign territory to ensure state security
a. True b. False Indicate whether the statement is true or false
Installing a multiparty system in the United States would require
a. amending the Constitution. b. garnering support from the Republican Party. c. adopting a parliamentary system of government. d. Both a and c e. All of the above
A ___________ is a multi-item measure in which respondents are presented with increasingly difficult measures of approval for an attitude
a. Summation index b. Likert scale c. Guttman scale d. Factor analysis
Melissa responds to a survey questionnaire every few weeks. Each survey is on a different topic such as her recycling behaviors and her view on gun control. What kind of study is this an example of?
A. trend B. cohort C. panel D. cross-sectional