New Hampshire and Vermont Are the Only States That Restrict

question 8

True/False

New Hampshire and Vermont are the only states that restrict their governors to a single two-year term.

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Definitions:

Efficiency Loss

A reduction in optimal resource allocation, often resulting from market distortions such as taxes or monopolies.

Taxpayers' Burden

The financial obligations imposed on taxpayers, such as taxes and public debt, required to fund government operations and obligations.

Parity Ratio

A ratio that compares the prices of a set of goods in one area or country to the prices of the same goods in another to measure purchasing power or competitiveness.

Parity Ratio

An index or ratio comparing the level of one economic indicator to another, generally used in agriculture to compare prices.