Principal-Agent Problems,slack,and Drift Are Most Associated with Which of the Following

question 45

Multiple Choice

Principal-agent problems,slack,and drift are most associated with which of the following statements?

• A)Bureaucrats' interests may not coincide with those of the president or Congress.
• B)Bureaucrats often lack discretion when implementing policies.
• C)Bureaucrats usually follow the wishes of the president and Congress.
• D)Bureaucrats lack the necessary expertise to implement policy.
• E)Legislation is usually very specific on how policies should be implemented.

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Definitions:

Duress

Coercion or pressure exerted upon someone to compel that person to act in a way they would not ordinarily act.

Unduly Influenced

A legal term referring to a situation where an individual is persuaded or coerced into acting against their free will or best interest, often in contracts or wills.

Tax Evasion

The illegal act of not paying taxes that are legally owed, often by concealing income or inflating deductions.

Intentional Wrongful Disclosure

The deliberate release or sharing of confidential or protected information without permission, usually leading to harm or breach of trust.