As It Relates to the Political Process, the Principal-Agent Problem

question 80

Multiple Choice

As it relates to the political process, the principal-agent problem results from the

• A)negative externalities that are created by some policy actions.
• B)political rules that encourage elected officials to engage in unethical and illegal behavior.
• C)inconsistency between voters' interest in programs and politicians' interest in reelection.
• D)paradox of voting.

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Definitions:

Two-Parent Families

A family structure that consists of two adults who are in a committed relationship and are raising their children together.

Depression

An emotional disorder characterized by a chronic condition of depression or a loss of interest in engaging in activities, substantially impairing the conduct of daily affairs.

Hypothesis

A proposed explanation made on the basis of limited evidence as a starting point for further investigation or experimentation.

Independent Variable

In an experiment, the variable that is manipulated or changed to observe its effects on a dependent variable.