The so-called collective action problem is the reason why:
A) Taxpayers are not able to effectively counter special interest groups
B) Corporations have board of directors
C) We have local and national elections
D) Majority voting can lead to economically inefficient outcomes
Correct Answer:
Verified
Q23: Politicians who have to go through elections
Q24: Rent-seeking behavior in public choice theory refers
Q25: To make up for a shortfall in
Q26: The so-called pork-barrel politics refers to congressional
Q27: The government would be running a budget
Q29: Which statement best describes a special-interest issue?
A)
Q30: The so-called collective action problem refers to
Q31: The special-interest effect is significant because:
A) It
Q32: Lobbying actions that seek government legislation to
Q33: The situation where politicians make decisions that
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