information asymmetry, adverse selection, and moral hazard.
Describe information asymmetry, adverse selection, and moral hazard.
– What are systems 1 & 2 thinking? What are the five biases that prevent us from making rational decisions?
– What is the difference between direct and indirect taxes? What is the difference between progressive and regressive taxes?
information asymmetry, adverse selection, and moral hazard.
– What is social capital and why is it significant? How can we build social capital?
– What are focusing events and why are they significant? What is the difference between a problem and a condition in the context of public policy?
information asymmetry, adverse selection, and moral hazard.
In addition, key information about California government may be on the exam.
book name Renee Van Vechten, California Politics: A Primer. CQ Press, 2nd edition.
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