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A boat is traveling at 4.0 m/s as it passes the starting line of a race.If the boat accelerates at 2.0 m/s2 for 3.0 seconds,then the velocity the boat has after the 3.0 seconds is
Special-Interest Effect
A phenomenon where policy decisions are disproportionately influenced by small, well-organized groups at the expense of the larger public interest.
Concentrated Benefit
Concentrated benefit refers to situations in economic policy where a particular policy's benefits are received by a relatively small, identifiable group, while the costs are diffused across a large group.
Principal-Agent Problem
An economic conflict where an individual (the agent) has the responsibility to act for the benefit of another party (the principal), but might fail to do so because of differing interests.
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