According to the shortsightedness effect, politicians tend to favor projects with
A) short-run benefits and short-run costs.
B) short-run benefits and long-run costs.
C) long-run benefits and short-run costs.
D) long-run benefits and long-run costs.

Question

Quizplus · Accepted Answer

Politicians often favor projects with short-run benefits and long-run costs because they seek immediate results that can help them in upcoming elections, while the costs are deferred to the future, beyond their current term.

According to the Shortsightedness Effect, Politicians Tend to Favor Projects