In 2016, a Widely Reported Poll Found That How Many

question 57

Multiple Choice

In 2016, a widely reported poll found that how many Quebec respondents agreed with the statement, "Ultimately, Quebec should stay in Canada"?

• A) 60 per cent
• B) 47 per cent
• C) 38 per cent
• D) 12 per cent
• E) 82 per cent

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Definitions:

Short-sightedness Effect

The tendency of decision makers to prioritize immediate benefits at the expense of long-term gains.

Externalities

Costs or benefits that affect a party who did not choose to incur those costs or benefits, often leading to market failure if unaddressed by policy.

Rent-seeking Activities

Efforts to increase one’s share of existing wealth without creating new wealth, often through manipulation of the economic environment.

Economic Efficiency

Economic Efficiency occurs when a system allocates resources in a way that maximizes the production of goods and services at the lowest cost.