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 explanationLog in for full answers
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Similar Questions
10. Public choice theory focuses on the economics of: A. fiscal and monetary policy. B. the behavior of business firms. C. antitrust and regulatory policy. D. government decision making, politics, and elections.
9. The concept of limited choices, as used in public choice theory, refers to the fact that: A. Politicians may not be objective in evaluating economic policy programs. B. Because of the importance of television and other modern communication techniques, the best and brightest candidates may not be selected by voters. C. Voters must select a candidate who represents a "bundle" of various public policy programs and who can't register support or opposition for specific programs. D. The most economically efficient public policy programs may not be selected because political leaders do not know enough about economics.
Which of the following is NOT a viewpoint of the self-interest theory of government?
The public choice model
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