Government bureaucracies over-provide public goods and grow larger because of their goal of ________ combined with ________ of the voters.
A) budget maximization; rational ignorance
B) budget minimization; irrational intelligence
C) budget maximization; minimum differentiation
D) budget maximization; irrational exuberance
E) minimum differentiation; budget maximization
Correct Answer:
Verified
Q113: A government policy that can lead to
Q114: A common resource is used efficiently if
A)
Q115: The tragedy of the commons arises because
Q116: To achieve the efficient amount of use
Q117: When a production quota is used to
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