Constraints leading to government failure are all of the following except:

Question 1 options:

A)	Democratic

B)

Legal

C)

Cultural

D)

Knowledge

_________ feasibility refers to the degree to which the policy can be successfully implemented.

Question 2 options:

A)

Political

B)

Social

C)

Cultural

D)	Administrative

_________ refers to equal outcomes among members of society.

Question 3 options:

A)

Equity

B)	Efficiency

C)

Equality

D)

Freedom

__________ feasibility considers the ability for a policy to be enacted with minimal effect on political stakeholders.

Question 4 options:

A)

Social

B)

Political

C)

Cultural

D)	Administrative

Externalities are:

Question 5 options:

A)	always positive

B)	spillover not the intent of production

C)	forced competition

D)	always negative

Natural Monopolies include which of the following?

Question 6 options:

A)	Community swimming pools

B)	Municipal airports

C)	Community colleges

D)	Public utilities