Constitutional Economists

question 82

Multiple Choice

Constitutional economists

• A)assert that within a given set of institutions, constraints, laws and rules, outcomes will definitely vary based upon who is elected to office.
• B)study the type of constraints that individuals might seek to place upon themselves in order to achieve some objective that doesn't seem achievable in a non-constrainable environment.
• C)assert that better outcomes arise from changing the political party in power at any given point in time than from changing institutions and constraints.
• D)assert that liberal candidates are always more likely to win elections than more conservative candidates.

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Definitions:

Negatively Correlated

Refers to two variables which move in opposite directions; when one variable increases, the other decreases, and vice versa.

Variables

Elements, features, or factors that are likely to vary or change and can be measured, controlled, or manipulated in experiments or models.

Opposite Directions

Refers to two lines or paths that diverge from each other, heading in completely different trajectories.

Positive Correlation

A relationship between two variables where if one variable increases, the other one also increases or if one decreases, the other also decreases.