According to the economic way of thinking, personal benefits and costs influence the actions of
A) consumers in the private sector but not voters in the public sector.
B) producers in the private sector but not politicians in the public sector.
C) taxpayers but not recipients of government-provided goods and services.
D) consumers, producers, voters, and politicians in both the private and the public sectors.
Correct Answer:
Verified
Q167: The branch of economics that applies the
Q168: In a representative democracy, government action results
Q169: Which one of the following economists has
Q170: The methodology of public choice analysis
A) develops
Q171: According to the shortsightedness effect, politicians tend
Q173: The branch of economics that attempts to
Q174: People who spend more time and effort
Q175: Public choice theory assumes voters, politicians, and
Q176: Madison is a third-grade public school teacher
Q177: When analyzing public sector decision making, economic
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