A Source Population

question 12

Multiple Choice

A source population

• A)must be maintained by immigrants from a sink population.
• B)has a high rate of extinction.
• C)is usually located in small,isolated patches.
• D)maintains a positive growth rate.

Identify and explain the principal-agent problem and its impact on both government and private sector efficiency.

Describe the special-interest effect and its consequences on government policy and economic outcomes.

Recognize the role of government in correcting market failures and enhancing economic efficiency through public goods and externalities management.

Explain the phenomena of government failure and the conditions that lead to economically inefficient outcomes.