What Are the Norms That Guide Behavior in Congress? Give

question 59

Essay

What are the norms that guide behavior in Congress? Give an example of at least two of these norms. Do the norms seem to be strengthening (as in, more members are following them) or weakening over time? Do you believe that these norms are consistent with producing "good" policy? Why or why not?

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Definitions:

Contribution Format

A method of profit reporting that separates fixed and variable costs, highlighting the contribution margin of products, services, or business segments.

Variable Costing

A technique in managerial accounting where only variable production costs are charged to product units, differentiating it from absorption costing by not including fixed overhead.

Absorption Costing

A cost accounting method that includes all manufacturing costs, including both fixed and variable, in the cost of a product.

Contribution Format

A type of income statement layout that separates variable costs from fixed costs, highlighting the contribution margin.