Which of the Following Statements Is True of Political Uncertainty

question 24

Multiple Choice

Which of the following statements is true of political uncertainty?

• A) It attempts to reduce transaction costs.
• B) It is the act of seeking self-interest with guile.
• C) It is controlled by both formal and informal institutions.
• D) It renders long-range planning obsolete.

---

Definitions:

Extrinsic

Originating from or influenced by external factors outside of oneself, such as rewards or social pressures, rather than internal desires.

Instinct

Instinct refers to the innate, typically fixed patterns of behavior in animals and humans that are responded to specific stimuli, driven by evolutionary pressures.

Incentives

External rewards or punishments that motivate behavior or inspire action.

Stimuli

External or internal factors that elicit a physiological or psychological response in an organism.