What Distinguishes a Ballot Initiative from a Referendum

question 9

Multiple Choice

What distinguishes a ballot initiative from a referendum?

• A) Nothing; the terms are interchangeable.
• B) Private citizens or organizations finance a ballot initiative; the state finances a referendum.
• C) A referendum is used to consider constitutional questions; a ballot initiative is used for ordinary legislation.
• D) A ballot initiative is used to consider changes to federal law; a referendum is used to consider changes in state law.
• E) A referendum considers legislation proposed by a legislature; a ballot initiative considers legislation proposed by citizens.

Recognize biases in perception and decision-making.

Understand the different stages of the innovation process.

Describe Amabile's components of creativity and their interrelations.

Recognize challenges in keeping up with innovations and the consequences.

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Definitions:

Nash Equilibrium

A concept within game theory where no participant can gain by changing strategies if the other participants keep theirs unchanged.

Sequential Game

A game in game theory where players make decisions one after another, with each decision informed by the previous players' decisions.

Monopolized

Controlled entirely or to a large extent by a single entity, often referring to a market situation where one company dominates the supply of a particular product or service.

Simultaneous Game

A game theory model where all players make their decisions or moves at the same time without knowledge of the other players' choices.