Question

Suppose that Simone is the incumbent candidate who will be going up for reelection in the state of Economix. Complete the following statement Several project options are available and Simone votes against all projects that have clearly outlined current costs but yield future benefits. This can best be described as

Answer 1

Statement - Several project options are available and Simone votes against all projects that have clearly outlined current costs but yield future benefits. This can best be described as

Answer - the shortsightedness on the part of Simone

Explanation - In the above given scenario, Simone is offered with the choice of multiple projects where the costs are defined and outlined at the outset. Simone is shortsighted in the sense that she is wary to spend these costs at the present and sees it as futile expenditure. However, as these costs have future benefits, these costs would fall in the category of investments rather than expenditure. Hence, this is a clear case of shortsightedness on the part of Simone