The Shortsightedness Effect Suggests That

question 67

Multiple Choice

The shortsightedness effect suggests that

• A) politicians have a strong incentive to support projects that yield immediate and easily recognized benefits, especially when the costs of the projects are difficult to identify and are observable only in the distant future.
• B) politicians have a strong incentive to support projects that yield benefits in the distant future, especially when the costs of the project must be paid for in the current period.
• C) voters will tend to weigh future costs and benefits more heavily than current costs and benefits.
• D) legislators will be unwilling to trade votes on issues, especially when those issues benefit only special interest groups.

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Definitions:

Committees of Observation

Local groups established in the American colonies to enforce the boycotts imposed by the Continental Congress and to resist British policies leading up to the American Revolution.

Tactics

Specific actions, strategies, or maneuvers used to achieve a particular objective, often within a larger plan or strategy.

Effectiveness

The degree to which something is successful in producing a desired result or outcome, often used to evaluate strategies, tools, policies, or processes.

First Continental Congress

The initial meeting of delegates from twelve of the thirteen colonies in 1774, convened to respond to the British Coercive Acts.