The study of the decision-making process of government is the study of:
A) Keynesian economics.
B) public choice theory.
C) rational expectations theory.
D) social economics.

Question

Quizplus · Accepted Answer

The study of the decision-making process of government is a central focus of public choice theory, which applies economic analysis to political decision-making. It seeks to understand how and why government officials make decisions and the impact of their decisions on society. Keynesian economics, rational expectations theory, and social economics may be related to government decision-making, but they do not specifically focus on it.

The Study of the Decision-Making Process of Government Is the Study