A ____ Can Be Any Stationary Object, Such as a Surveyed

question 10

Multiple Choice

A ____ can be any stationary object, such as a surveyed point on a street or very large boulder.

• A) benchmark
• B) level
• C) clamp
• D) board

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Definitions:

Median-Voter Model

A theoretical model in political science and economics predicting that the outcome of majority rule voting will reflect the preferences of the median voter.

Socially Efficient Outcome

An economic situation where resources are allocated in a way that maximizes the aggregate welfare of society.

Government Bureaucracies

Complex administrative structures and procedures established by governments to manage their functions and processes.

Profit Motive

The incentive that drives individuals or entities to engage in activities that they expect will yield financial gain.