Legislators Often Gain by Bundling a Number of Projects Benefiting

question 134

Multiple Choice

Legislators often gain by bundling a number of projects benefiting local districts at the expense of general taxpayers together on a single bill. Such legislation is called

• A) market failure legislation.
• B) the rational-ignorance effect.
• C) public-goods legislation.
• D) pork-barrel legislation.

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Definitions:

Brown Bears

Large omnivorous mammals found across parts of northern Eurasia and North America, known for their thick fur and powerful build.

Markup

The amount added to the cost price of goods to cover overhead and profit; calculated as a percentage of the cost.

Net Sales

The amount of sales generated by a company after deducting returns, allowances for damaged or missing goods, and discounts.

Beginning Inventory

The value of goods available for sale at the start of an accounting period.