Multiple Choice
Which of the following represents the basic principle of public choice theory?
A) Politicians act consistently in the public's interest.
B) Politicians follow their own self-interest and seek to maximize their reelection chances, rather than promote the best interests of society.
C) Politicians act in the public interest once they are elected, but follow their own self-interest and seek to maximize their reelection chances during a political campaign.
D) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q19: Measured as a share of the economy,
Q20: Which of the following statements is true
Q21: A progressive tax means the percentage of
Q22: Which of the following can be classified
Q23: State and local sales taxes are typically
Q25: The primary source of revenue at the
Q26: Currently, total government expenditures in the United
Q27: In which of the following countries are
Q28: The results of majority voting sometimes, but
Q29: Consider two people, Sandy Ross, who earns