Multiple Choice
According to public choice theory,government failure occurs because
A) government officials do not listen to the pleading of special interest groups.
B) lobbyists write legislation.
C) government officials act in their own self-interest.
D) voters are fully informed about the effects of policies.
E) government cannot calculate the levels of externalities because there is no market for them.
Correct Answer:
Verified
Correct Answer:
Verified
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