Which of the following closely reflects most economists' perception of water?
a. Water is underpriced and cannot be rationally allocated.
b. Water is so abundant that it should be free everywhere.
c. Water is so scarce that governments should set prices for it.
d. Water is overpriced and cannot be rationally allocated.
e. Water is underpriced and can be rationally allocated.
A
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Senior officers of government are appointed by __________ and confirmed by __________
a. the president; the Senate b. the president; the House of Representatives c. the president; the Supreme Court d. the Senate; the president
All of the following are TRUE of the House of Lords EXCEPT
a. most government policy is initiated here. b. it can debate, amend, and delay but not block legislation. c. it includes senior religious leaders from the Church of England. d. it is made up of a mixture of hereditary peers and life peers. e. it is increasingly engaging in unruly and inconclusive debate.