Questions
Questions

econ_102_120251_245827 Lesson 10 Graded Quiz

Single choice

The public choice model assumes that government policy makers

Options
A.will pursue their self-interests in personal affairs but only if it does not conflict with the public interest.
B.must promote the public interest at the expense of their own self-interests in order to be re-elected.
C.will often act irrationally in their personal affairs, but will act rationally when they promote the public interest.
D.are likely to pursue their own self-interests, even if their self-interests conflict with the public interest.
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Step-by-Step Analysis
To tackle this question, I’ll evaluate what the public choice model says about government policy makers and their incentives. Option 1: "will pursue their self-interests in personal affairs but only if it does not conflict with the public interest." This suggests a constraint that self-interest is always secondary to the public interest when there is any conflict. However, the core claim of public choice theory is that individuals in government pursue self-interest, and this interest often exists even when it conflicts with the public good, rather than being automatically subord......Login to view full explanation

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