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Economists (Particularly Public Choice Theorists) Point Out That the Political

Question 136

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Economists (particularly public choice theorists) point out that the political process


A) differs from the marketplace in that voters and congressional representatives often face limited and bundled choices.
B) is less prone to failure than is the marketplace.
C) is a much fairer way to allocate society's scarce resources than is the impersonal marketplace, which is dominated by high-income consumers.
D) involves logrolling, which is always inefficient.

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