Which of the Following Is True of Local Elections

question 26

Multiple Choice

Which of the following is true of local elections?

• A)Most communities have an elected town or city council,which then appoints a mayor.
• B)In most states,no party labels appear on the ballot.
• C)Most school boards are appointed but are then subject to approval by local ballot.
• D)Voting in local elections is subject to registration laws developed by the county or municipality.
• E)Turnout for local elections in most states hovers around 40 percent.

Understand the median voter theorem and its implications for political economy.

Recognize the implications of the moral hazard in various settings including employment and insurance markets.

Discuss the importance and impact of asymmetric information in market transactions and relationships.

Understand the concepts of signaling and screening in economic contexts.

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Definitions:

Compound

A substance formed from two or more chemical elements that are chemically bonded together, exhibiting unique properties.

Compound

A substance formed from the chemical combination of two or more elements in a fixed ratio.

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A phrase often used in written instructions or explanations indicating that further information or a representation will be provided in the immediate following context.

Compound

A substance made up of two or more different elements joined by chemical bonds in a fixed ratio, possessing unique properties different from its component elements.