One of the Reasons That the Government Tends to Be

question 72

Multiple Choice

One of the reasons that the government tends to be pro-business is because government officials are more likely to __________.

• A) support socialism as an economic ideology
• B) hear arguments and receive contributions from the poor
• C) hear arguments and receive contributions from the powerful
• D) support a liberal political ideology
• Answer C

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Definitions:

Sunk-Cost Fallacy

The misconception that ongoing investment in a project should continue based on the cumulative prior investment (sunk costs) regardless of the current and future costs and benefits.

Variety Seeking

The tendency of consumers to seek diversity and change in their choices or experiences.

Cybermediaries

Online intermediaries that facilitate transactions or information flow between businesses and consumers.

Directories

Collections or lists of information categorized for easy reference, often used for finding contact information or services.