According to the Shortsightedness Effect, Politicians Tend to Favor Projects

question 69

Multiple Choice

According to the shortsightedness effect, politicians tend to favor projects with

• A) short-run benefits and short-run costs.
• B) short-run benefits and long-run costs.
• C) long-run benefits and short-run costs.
• D) long-run benefits and long-run costs.

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Definitions:

Imminent

Describes something about to happen or looming in the near future.

Acceptance

The act of recognizing and welcoming something or someone's existence, condition, or beliefs without attempting to change them.

Crisis Situation

A critical or unstable time or state of affairs in which a decisive change is impending, often characterized by high levels of uncertainty and stress.

Acute

Describing a condition or phenomenon that is severe in intensity but short in duration.