According to public choice theory, which of the following is not a likely reason that government policy might benefit only a narrow interest group?
A) If the benefits to the narrow interest group are relatively large, they have an incentive to invest a lot of money and effort in lobbying government.
B) If the costs of this policy are spread out among the general population, and are a very small burden for anyone person, then those paying the costs have little incentive to organize opposition.
C) The additional rewards of a policy to the general population outweigh the additional costs that are imposed on a narrow interest group.
D) Politicians follow their own self-interest and seek to maximize their reelection chances rather than promoting the best interests of society.
Correct Answer:
Verified
Q45: The study of the decision-making process of
Q47: Voters may choose to remain uninformed about
Q48: Exhibit 12-4 Marginal tax rate lines
Q49: Gina Smith and Mariel Jones are both
Q50: Who is recognized as the founder of
Q51: People who often create benefits for the
Q53: Which of the following offers theories to
Q54: The choice of a voter to remain
Q55: Which of the following statements is true
Q171: According to the shortsightedness effect, politicians tend
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