VIEWPOINT ASSIGNMENT ?
Read the
synopsis and watch the film
The Distinguished Gentleman,
then read "The
Scandal of Lobbyists" and "Good
Lobbying, Good Government", answer
the following questions by the beginning of
the next class following the conclusion of the film.
a.
Show the Circular Flow graph
with government involvement. Label the graph correctly and completely.
b. Using your knowledge of both economics
and government, define each of the following terms:
- External Costs
- Public Goods
- Asymmetric Information
- Rational Ignorance
- Special Interest Effect
- Bureaucratic Capture
c. Find
examples from the film of each of the vocabulary terms listed above. BE
SPECIFIC!
-
Your Viewpoint must contain the appropriate graph.
-
Your graph must be handwritten.
-
Answer the questions in order.
-
Your text may be handwritten or printed.
-
Your answers do NOT have to be written in complete
sentences.
- Your Viewpoint homework must be in your own words.
- Use appropriate economic theory and vocabulary from your textbook as well as the material posted online.
-
Your Viewpoint is
due at the beginning of the class on the assigned due date;
assignments turned in after class will be penalized
one point per day late.
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