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According to the Text, What Gives Huge Power to Bureaucracies

question 29

Multiple Choice

According to the text, what gives huge power to bureaucracies and to the civil servants we do not directly elect?


Definitions:

Adverse Selection

A situation in finance and insurance where there is an asymmetric information problem causing bad risks to be more likely to be selected.

Moral Hazard

A situation in economics where one party can take risks because they do not have to bear the full consequences of their actions.

Limited Supervision

This term describes a work environment where employees are given the freedom to complete tasks and make decisions with minimal oversight from managers or supervisors.

Influenza Epidemic

A widespread occurrence of the influenza virus in a community at a particular time, often causing significant illness and fatalities.

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