Solved

One Result of the Public Choice Model Is That Most

Question 197

Multiple Choice

One result of the public choice model is that most economists believe that


A) when market failure occurs, government intervention will always lead to a more efficient outcome.
B) government intervention will always result in a reduction in economic efficiency in regulated markets.
C) policymakers may have incentives to intervene in the economy in ways that do not promote economic efficiency.
D) the voting paradox will prevent voters from selecting the best person for public office.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions