Setting up rules limiting access to the common resource and monitoring and penalizing those who violate them is referred to as ______.
A. free-riding
B. regulation
C. bargaining
D. privatization
Answer: B
You might also like to view...
Which of the following is true of the Federalist Papers?
a. They were written to persuade the public to support ratification of the Constitution. b. They were an attack against the framers and supported continuation of the Articles of Confederation. c. They were written by three of the framers and published in the New York newspapers. d. They represented the debate about the Constitution between Thomas Jefferson and John Adams. e. Both A and C are correct.
Special conventions in each state were used to ratify the Constitution because
A) conventions were more democratic than legislatures. B) conventions could meet more quickly than legislatures. C) most legislatures were unlikely to approve the document. D) legislatures were likely to take far too long to approve the document. E) legislatures were far more likely to attempt to amend the document.