Moral hazard is created when the government __________
a. lowers taxes hoping to increase tax revenue
b. uses deficit spending to stimulate the economy
c. assumes the financial risks of the private sector
d. provides payments that reduce incentives to work
c
Political Science
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According to the Constitution, each state's representation in the Senate is
A) one senator. B) two senators. C) based on population. D) determined by the House of Representatives. E) None of the above
Political Science
What feature of Weberian bureaucracy is particularly prized by many who nevertheless criticize Weber’s model?
a. Efficiency b. Hierarchy c. Predictability d. Secrecy
Political Science