The Problem of Not Knowing All Aspects of the Actions

question 76

Multiple Choice

The problem of not knowing all aspects of the actions taken by an elected official refers to which of the following?

• A)moral hazard
• B)adverse selection
• C)voter mobilization
• D)suboptimal agency
• E)unknown motives

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Definitions:

Constitution

The fundamental principles and established precedents according to which a state or other organization is governed.

Police Power

The power retained by each state to pass laws that protect the health, safety, and welfare of its citizens.

States

States are distinct political entities with a defined territory, population, and government, which are part of a larger sovereign country or function independently.

Presume

To accept something as true without proof or before evidence is provided.