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Economics Study Set 10
Quiz 31: Public Choice and Special Interest Group Politics
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Question 81
Multiple Choice
Public choice theorists insist that when a person goes from public to private employment, his or her motivations __________ while the institutional arrangements shaping his or her actions __________.
Question 82
Multiple Choice
Exhibit 31-3
-Refer to Exhibit 31-3. The exhibit shows the breakdown of benefits and costs for a five-person community considering whether to purchase a $5,000 statue of Adam Smith to put in the center of the public square. If simple majority voting determines the outcome, the statue _______________ be purchased, and the total costs are ______________ the total benefits of the statue.
Question 83
Multiple Choice
Congressperson A: "If you approve that new water treatment plant in my district, I'll vote to keep the Air Force base open in your district." Congressperson B: "It's a deal." This is an example of