Multiple Choice
Which of the following is true?
A) Government intervention in the form of direct regulation does not involve any cost.
B) The opportunity cost of government work is the tax imposed on the society.
C) The allocation of time and talent of individuals to bureaucracy is an important cost of government.
D) The larger the size of the bureaucracy, the higher its efficiency.
Correct Answer:

Verified
Correct Answer:
Verified
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