Economists Andrei Shleifer and Robert Vishny Argue That Governments,like Consumers

Multiple Choice

Economists Andrei Shleifer and Robert Vishny argue that governments,like consumers and producers,are rational and self-interested; they care about staying in power and maintaining their bureaucratic empires (what the economists call the "grabbing hand") more than improving social welfare (the "helping hand") .The "grabbing hand" theory of government provides an example of ________.

A) the underground economy
B) command-and-control regulation
C) government failures
D) none of the above