(Consider This) Unintended consequences leading to inefficient outcomes are more likely with government programs than in the private sector because:
A) in the private sector the invisible hand guides resources to their best uses when people strive for efficiency.
B) government employees are systematically less competent than those in the private sector.
C) government has no real motive in allocating resources efficiently.
D) laws restrict government officials from considering effects of a policy outside the main objectives of the policy.
Correct Answer:
Verified
Q62: (Consider This) From an economist's perspective,
A) small
Q75: (Last Word)In their effort to provide disaster
Q82: Government loan guarantees tend to socialize gains
Q83: The unlawful misdirection of governmental resources for
Q84: Because of the force of law and
Q89: Monetary policy attempts to change the level
Q99: Medicare is the U.S. government's largest unfunded
Q117: "Government failure" is a prominent topic in
A)
Q156: The Road Runner Club contributes money to
Q157: Political corruption occurs whenever
A)logrolling is used 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