Public choice deals with
A) negative and positive externalities.
B) public-sector decision making.
C) how people choose between several mutually exclusive options.
D) bond,stock,and money markets.
E) none of the above

Question

Quizplus · Accepted Answer

Public choice theory is concerned with analyzing the decision-making behavior and outcomes of individuals/entities in the public sector, such as government officials and politicians. It examines how their actions are influenced by incentives, interests, and other factors. Therefore, option B is the best choice. Option A is related to externalities, which public choice theory may consider in some cases, but it is not its main focus. Option C is too general and doesn't specifically relate to the public sector. Option D is about financial markets, which is not the scope of public choice theory. Therefore, neither A, C, nor D is as appropriate as option B.

Public Choice Deals with