Politicians who have to go through elections tend to focus on the short-term net benefits of projects because of
A) voters' tendency to more easily see short-term benefits rather than long-term ones.
B) the special-interest effect of specific groups among the electorate.
C) the ability of government to coerce people to do things involuntarily.
D) pork-barrel politics and the principal-agent problem.
Correct Answer:
Verified
Q170: Chronic budget deficits can lead to all
Q171: Politicians seeking reelection tend to do the
Q172: During a period when output and employment
Q173: Many governments end up with chronic budget
Q174: The government's budget deficit refers to the
A)
Q177: Governments try to smooth business cycles by
Q178: The public (or national) debt refers to
Q179: To make up for a shortfall in
Q180: All of the following are consequences of
Q202: Lobbying actions that seek government legislation 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