Which of the following is an accurate definition of bounded rationality?
a. Leaders try to be rational, but there are limits to their ability to be rational.
b. Leaders are unlimited in their ability to be rational.
c. Leaders are rarely rational because of the limits placed upon them.
d. Leaders tend to be irrational when frustrated about their limitations.
a. Leaders try to be rational, but there are limits to their ability to be rational.
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When the government exercises the power of eminent domain, it must __________
a. first get congressional approval b. fairly compensate the property owner c. demonstrate a compelling government interest d. first pursue other policy alternatives
State courts cannot rule on the constitutionality of initiatives that have been approved by voters.
Answer the following statement true (T) or false (F)