Politicians Have a Strong Incentive to Support Projects Even When

question 150

Multiple Choice

Politicians have a strong incentive to support projects even when their costs outweigh their benefits if:

• A) the costs are concentrated among a small group and the benefits are widely dispersed across taxpayers.
• B) the costs of the project are spread widely across taxpayers and the benefits are spread widely across taxpayers.
• C) all voters and taxpayers are perfectly informed.
• D) the costs of the project are spread widely across taxpayers and the benefits are concentrated on a small group.

Understand the characteristics and impacts of Peter the Great's rule over Russia.

Analyze the centralization of power in France's monarchy during the age of absolutism.

Grasp the philosophical underpinnings of absolute monarchy as exemplified by Thomas Hobbes' Leviathan.

Acknowledge the religious policies and their implications for political power during Louis XIV's reign.

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Definitions:

Marketing Materials

Tools and media used for promoting and selling products or services, including brochures, flyers, online content, and advertisements.

Cognitive Shortcuts

Simplified strategies or heuristics used by the brain to make complex decision-making processes quicker and more efficient.

Decision

A decision refers to the choice made between two or more alternatives, after considering the consequences and benefits of each.