Under majority rule, the government passes _________.
A) only those public projects that pass a benefit/cost test.
B) only those public projects that fail a benefit/cost test.
C) some public projects that fail a benefit/cost test.
D) no public/private projects.
Correct Answer:
Verified
Q45: The study of the decision-making process of
Q54: The choice of a voter to remain
Q82: Which of the following offers theories to
Q83: Since the 1950s, total expenditures in the
Q84: Cost-benefit principles can be applied to the
Q85: According to public choice theory, rational voter
Q87: Since World War II, most of the
Q88: Since the 1950s, total private sector expenditures
Q89: According to public choice theory, why might
Q91: The term "public sector" refers only to
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