Question and answer
Which of the following would be an argument supporting the statement below? Private businesses are more efficient than public agencies. A. Public agencies are always concerned with the bottom line, which distracts them from ensuring efficiency. B. Private firms often grant budget increases when programs are inefficient, while public agencies do not. C. The political realm creates incentives for agencies to be cost effective, such as bonuses and job security. D. The market system creates incentives for efficiency such as profit and job security, neither of which is embedded in
political agencies.
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Question
Asked 2/11/2013 11:52:44 AM
Updated 8/16/2014 3:30:33 PM
1 Answer/Comment
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User: Which of the following would be an argument supporting the statement below? Private businesses are more efficient than public agencies. A. Public agencies are always concerned with the bottom line, which distracts them from ensuring efficiency. B. Private firms often grant budget increases when programs are inefficient, while public agencies do not. C. The political realm creates incentives for agencies to be cost effective, such as bonuses and job security. D. The market system creates incentives for efficiency such as profit and job security, neither of which is embedded in political agencies.

Weegy: B. Private firms often grant budget increases when programs are inefficient, while public agencies do not.
andrewpallarca|Points 19331|

User: Government failure can happen when politicians don't objectively weigh all the ___________ of various programs. Because politicians want voter support, they often favor programs with ____________, sometimes despite the cost. A. opportunity costs / clear-cut benefits B. costs and benefits / immediate benefits C. options / low voter support D. choices / high costs

Weegy: B.costs and benefits / immediate benefits
kitchencatlover|Points 162|

User: Which of the following would be considered an accurate statement regarding regulation in government? A. Regulation is usually a bad function of government; in fact, many economists blame years of bank regulation as a cause of the 2008 recession. B. Government regulation, although in many cases an important political function, is at times criticized for causing government failure. C. Government deregulation often reduces competition within the marketplace. D. Deregulation of the drug industry led to a decrease in the amount of new drugs introduced each year.

Weegy: A. Regulation is usually a bad function of government; in fact, many economists blame years of bank regulation as a cause of the 2008 recession.
mjane25|Points 746|

User: What is the following scenario an example of? Tom often calls 911 from the drive-through lane of a fast food restaurant if his order comes out wrong. A. public choice theory B. utility theory C. moral hazard D. law of diminishing marginal utility

Weegy: C. moral hazard
scijoe21|Points 2265|

User: Which of the following would be considered an example of logrolling? A. lobbyists securing spending policies that benefit their causes at the expense of taxpayers B. politicians trading favors that do not benefit the mass populace of voters C. when overregulation prevents the introduction of new drugs that could help critically ill patients D. when economically justifiable programs are rejected because the benefit isn't immediately seen

Weegy: B. politicians trading favors that do not benefit the mass populace of voters
shifa saleheen|Points 9950|

User: The following passage describes an example of ____________. In the 1980s, manufacturing power plants in the Midwest burned coal with high sulfur content, which when released as smoke, mixed with moisture in the atmosphere to create an acid that blew into Canada and New England. The acid fell to the earth in the form of rain, killing fish and causing deforestation and building deterioration. A. positive externality B. public good C. negative externality D. regulation

Weegy: C. negative externality
jerryjoseph002|Points 1502|

User: What theory do public choice theorists use to explain political behavior? A. moral hazard B. utility theory C. invisible hand analogy D. opportunity cost

Weegy: B
mdrisc24|Points 200|

User: Which of the following would be considered an example of rent seeking? A. lobbyists securing spending policies that benefit their cause at the expense of taxpayers B. politicians trading favors that do not benefit the mass populace of voters C. when overregulation prevents the introduction of new drugs that could help critically ill patients D. when economically justifiable programs are rejected because the benefit isn't immediately seen

Weegy: A. lobbyists securing spending policies that benefit their cause at the expense of taxpayers
debnjerry|Points 43873|

User: Which of the following is an inaccurate statement about public goods? A. Public goods are nonrival: one person's consumption doesn't diminish another's. B. Public goods are shared goods or services that wouldn't necessarily be available if they were provided privately. C. Public goods are nonexcludable: people can't be excluded from using them. D. Public goods are provided by private firms.

Weegy: C
violetlove008|Points 110|

User: Which of the following is NOT an example of the government ensuring a higher level of information in the market? A. fuel-efficiency labels B. cash transfers C. ingredient lists D. energy-efficiency labels

Weegy: B. cash transfers
johnlennons|Points 900|

User: In economics, what helps boost the standard of living and is thus the goal of most countries? A. economic growth B. economic contraction C. population increase D. population decline

Weegy: A. economic growth
Narkotiq|Points 337|

User: Define the term inflation. A. a decrease in production B. a general increase in prices C. falling revenues D. the depletion of money

Question
Asked 2/11/2013 11:52:44 AM
Updated 8/16/2014 3:30:33 PM
1 Answer/Comment
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Rating
8
The term Inflation means: a general increase in prices.

Added 8/16/2014 3:30:33 PM
This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [8/16/2014 3:37:33 PM]
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What is the largest item in the US government consuming more than one-fifth of spending is
Weegy: Defense is almost 30 percent of the federal budget, which makes it the largest item in the U.S. budget. (More)
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Updated 8/28/2018 10:32:44 PM
1 Answer/Comment
Social Security is the largest item in the US government consuming more than one-fifth of spending.
Added 8/28/2018 10:32:42 PM
This answer has been confirmed as correct and helpful.
Examine the graphic below. The words on the left correspond to the definitions on the right. Which definition is the BEST match for fallacious? A. to belittle or express disapproval of B. gross injustice or wickedness C. misleading or logically unsound D. undeniable, incontestable
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Updated 2/27/2017 12:55:38 PM
1 Answer/Comment
Misleading or logically unsound is the BEST match for fallacious.

Added 2/27/2017 12:55:38 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [2/27/2017 9:25:03 PM]
These people have no institutions, no meetings for counsels, rather they make their habitations in caverns hollowed among the peaks of the high mountains. By chunking the word hab-itat-ion what do we find it means? A. ways of life B. meals C. homes D. fears
Weegy: a (More)
Question
Updated 4/2/2014 10:51:02 AM
1 Answer/Comment
These people have no institutions, no meetings for counsels, rather they make their habitations in caverns hollowed among the peaks of the high mountains. By chunking the word hab-itat-ion, we find it means: HOMES.
Added 4/2/2014 10:50:51 AM
This answer has been confirmed as correct and helpful.
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