A neighborhood uses well water, and no individual family has to pay for the water they consume. Thus, each family waters their grass excessively and doesn't bother to conserve water. The well runs dry. This is an example of the economic model known as
a. the tragedy of the commons.
b. the Prisoner's Dilemma.
c. the chicken game.
d. the overabundance problem.
a
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How do health care costs as a percentage of GDP relate to life expectancy and the infant death rate in the United States? How are these numbers similar to or different from Japan, another advanced democracy?
What accounts for these similarities or differences? What will be an ideal response?
The tipping, or threshold, models presented in Chapter 8 are used to explain why the public protests in Eastern Europe in 1989 were a surprise to most political observers, both inside and outside of Eastern Europe. According to the reading and lectures, why are revolutions always going to be a surprise?
A. revolutions tend to be irrational B. preference falsification C. revolutionary cascades D. none of these