Precise Solutions
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Terms in this set (101)
When herbicides and Negative externality
fertilizers from farms
wash off and pollute
streams, the agriculture
sector is causing what
type of market failure?
An ____ is an action that a ex-ante tactic
principal takes prior to an
agent's action to
incentivize a desired
behavior.
The negative Pigouvian subsidy
tax is a
What is an outright ban output standard
or limitation on the
amount of a given
externality that may be
produced?
What refers to the level direction
of support that a citizen
assigns to a specific
policy?
What refers to how intensity
strongly a citizen feels
about a given issue?
, What refers to the Salience
relative importance of a
given issue relative to
other issues?
What refers to the level knowledge
of information that a
citizen possesses on a
specific issue?
What is it called when a adverse selection
principal chooses an
agent with different
preferences?
While a citizen may share cross-cutting cleavages
preferences with a
candidate on the
environment, abortion,
and health care, they may
hold opposing positions
on foreign policy,
immigration, and taxation.
What is this an example
of?
The mission of the ____ is Department of Homeland Security
to minimize the likelihood
of major disasters,
whether manmade or
natural in the United
States, and when
disasters do occur, to
minimize the damage
done through emergency
response action.