An In the News article titled "Perceptions of Government Failure" implies that people lack confidence in the government. If this is true, it may be due to persistent examples of

If depository insurance exists, bank managers may make riskier loans than they would have otherwise, which is an example of

A) adverse selection. B) regulatory lag. C) irrational behavior. D) moral hazard.

Which of the following is not an example of the fallacy of composition?

a. If I can get to work fastest by taking the interstate, so can everyone else. b. If you can only get away from it all by going to Fairbanks, everyone who needs to get away should go to Fairbanks. c. If the quickest way to get off a sinking ship is to run to the nearest lifeboat, all the passengers should do this. d. If the best TV reception can be gotten with a Couch Potato antenna, then everyone should have a Couch Potato antenna. e. If I can get a better view by standing up at the baseball game, everyone gets a better view by standing up.