Politicians who have to go through elections tend to focus on the short-term net benefits of projects because of:
A) Voters' tendency to more easily see short term benefits rather than long-term ones
B) The special-interest effect of specific groups among the electorate
C) The ability of government to coerce people to do things involuntarily
D) "Pork-barrel" politics and the principal-agent problem
Correct Answer:
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Q19: The difficulties in managing government in a
Q20: Government laws and policies need to be
Q21: The principal-agent problem refers to the problem
Q22: The situation where "the few who yell
Q24: Rent-seeking behavior in public choice theory refers
Q25: To make up for a shortfall in
Q26: The so-called pork-barrel politics refers to congressional
Q27: The government would be running a budget
Q28: The so-called collective action problem is the
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