Multiple Choice
According to public choice theory, why might government policy benefit only a narrow interest group?
A) If the benefits to the narrow interest group are relatively large, they have an incentive to invest a lot of money and effort in lobbying government.
B) If the costs of this policy are spread out among the general population, and are a very small burden for anyone person, then those paying the costs have little incentive to organize opposition.
C) Both a. and b. are correct.
D) None of the above is correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: Suppose fairness is defined as those with
Q32: Government expenditures as a share of the
Q44: A person who is in a 31
Q47: A tax is proportional if, as a
Q49: Cost-benefit analysis can be applied to individual
Q50: If a person is taxed $100 on
Q51: Exhibit 16-1 Income for two persons <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9287/.jpg"
Q52: Which of the following U.S. taxes is
Q53: At the federal level, the single most
Q54: Jan has an income of $30,000 and