The assumption that the goal of government is to maximize welfare by seeking an efficient allocation of resources is characteristic of the _______ approach to studying public sector choice.
A) federal budget studies
B) government spending theory
C) public choice theory
D) public interest theory

Question

Quizplus · Accepted Answer

Public interest theory assumes that the government aims to maximize social welfare by efficiently allocating resources, contrasting with public choice theory, which views government actions as driven by self-interest.

The Assumption That the Goal of Government Is to Maximize