The concept of limited and bundled choice, as used in public choice theory, refers to the fact that
A) politicians may not be objective in evaluating economic policy programs due to their individual biases.
B) because of the importance of television and other modern communication media, the best and brightest candidates may not be the ones elected by voters.
C) in an election, each voter must select a candidate who has various preferences (in a wide array of issues) that do not exactly match the preferences of the voter.
D) the most economically efficient public policy programs may not be selected because political leaders do not know enough about economics.
Correct Answer:
Verified
Q159: The situation where "the few who yell
Q198: Suppose a college economics department decides to
Q199: Suppose that friends Jennifer, Stephanie, and Megan
Q200: Answer the question on the basis of
Q201: Some economists contend that government agencies are
Q202: Lobbying actions that seek government legislation to
Q205: Rent-seeking behavior in public choice theory refers
Q206: A study of hospitals, power plants, and
Q207: Majority voting fails to incorporate the strength
Q208: The study of public choice theory involves
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents