What do we call a situation in which uncoordinated actions of individuals lead to less than optimal outcomes because, although many individuals would benefit from some cooperative action or actions, few incentives lead any particular individuals to assume the costs of such actions?
A) Anarchic complexity
B) Collective action problem
C) Commitment problem
D) Prisoner's dilemma
E) Stag hunt
B
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The poverty threshold for a family of three in the United States for fiscal year 2011 is approximately
a. $10,000. b. $18,500. c. $29,200. d. $34,600. e. $38,100.
Which of the following best represents the reasoning used by the Supreme Court in Church of the Lukumi Babalu Aye, Inc v. City of Hialeah, in which the Court overturned a city ordinance prohibiting the ritual killing of animals as part of religious ceremonies?
a. Any law banning a religious practice must be passed at the state level, not at the local level. b. People must be free to practice their religion, no matter what it involves. c. A government that permits other forms of killing animals may not ban sacrifices. d. The establishment clause prevents the city from having such an ordinance.