Question 1

Why does the "dark side" of principal-agent relationships exist?

Accepted Answer

A) Agents are often not rational. 
B) Institutions sometimes force principal-agent relationships "underground." 
C) Principals often force agents to do things against their will. 
D) The interests of the agent and the principal may not be well aligned. 
E) The principals usually do not know what they are doing. 
A) Agents are often not rational. 
B) Institutions sometimes force principal-agent relationships "underground." 
C) Principals often force agents to do things against their will. 
D) The interests of the agent and the principal may not be well aligned. 
E) The principals usually do not know what they are doing.

Question 2

A form of government in which a single individual-king,queen,or dictator-rules is known as:

Accepted Answer

A) a unigarchy 
B) an oligarchy 
C) an autocracy 
D) totalitarianism 
E) authoritarianism 
A) a unigarchy 
B) an oligarchy 
C) an autocracy 
D) totalitarianism 
E) authoritarianism

Question 3

Institutions do the public's business while relieving communities of having to reinvent collective action each time it is required.

Accepted Answer

A) True 
 B)False

Why does the "dark side" of principal-agent relationships exist?

A form of government in which a single individual-king,queen,or dictator-rules is known as:

Institutions do the public's business while relieving communities of having to reinvent collective action each time it is required.

The Founding and the Constitution

Federalism and the Separation of Powers

Civil Liberties and Civil Rights

Congress: the First Branch

The Presidency

The Executive Branch

The Federal Courts

Public Opinion and the Media

Elections

Political Parties

Groups and Interests

Introduction to Public Policy

Foreign Policy

Filters

Exam 1: Introduction: Making Sense of Government and Politics

Why does the "dark side" of principal-agent relationships exist?

A form of government in which a single individual-king,queen,or dictator-rules is known as:

Institutions do the public's business while relieving communities of having to reinvent collective action each time it is required.

The Founding and the Constitution

Federalism and the Separation of Powers

Civil Liberties and Civil Rights

Congress: the First Branch

The Presidency

The Executive Branch

The Federal Courts

Public Opinion and the Media

Elections

Political Parties

Groups and Interests

Introduction to Public Policy

Foreign Policy

Filters