Many State and Local Governments in the U

question 62

Multiple Choice

Many state and local governments in the U.S. have balanced-budget laws in order to prevent politicians from:

• A) Creating a "small government" economy
• B) Succumbing to voters' strong preference for budget deficits
• C) Facing a principal-agent problem
• D) Collecting too much taxes

---

Definitions:

Electric Shock

A sudden discharge of electricity through a part of the body, which can cause injury or trauma depending on its intensity.

Cigarette Case

A small box or container used to carry cigarettes, often made of metal or leather, and sometimes used as a personal accessory.

Systematic Desensitization

A behavioral therapy technique used to gradually reduce phobia or anxiety through the use of relaxation exercises and controlled exposure to the feared object or situation.

Hierarchy

A system or organization in which people or groups are ranked one above the other according to status or authority.