Microfoundations are explanations that set out the incentive structure that
A) encourages state officials to adopt policies that promote global welfare.
B) encourages state officials to adopt policies that promote their re-election.
C) encourages state officials to adopt policies that promote national welfare.
D) encourages state officials to adopt policies that promote micro-businesses.
E) encourages state officials to adopt policies that compensate for factor immobility.

Question

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The Answer of Microfoundations are explanations that set out the incentive structure that
A) encourages state officials to adopt policies that promote global welfare.
B) encourages state officials to adopt policies that promote their re-election.
C) encourages state officials to adopt policies that promote national welfare.
D) encourages state officials to adopt policies that promote micro-businesses.
E) encourages state officials to adopt policies that compensate for factor immobility.

Microfoundations Are Explanations That Set Out the Incentive Structure That