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As It Relates to the Political Process, the Principal-Agent Problem

Question 76

Multiple Choice

As it relates to the political process, the principal-agent problem results from the


A) negative externalities that are created by some policy actions.
B) political rules that encourage elected officials to engage in unethical and illegal behavior.
C) inconsistency between voters' interest in programs and politicians' interest in reelection.
D) paradox of voting.

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