Public choice refers to how
a. much publicity a government-sponsored project receives
b. members of government make choices that promote their own self-interest (to keep their jobs)
c. the public makes choices about what types of goods to buy
d. private decisions often end up becoming public
e. supply and demand curves reflect public opinion
B
You might also like to view...
Open market operations
A) lack flexibility because only very small purchases or sales may be carried out in any given month. B) lack flexibility because open market purchases cannot easily be offset by subsequent open market sales. C) are more flexible than other policy tools. D) may be carried out only on the third Friday of each month.
Scope of Services An apartment owner has contracted for lawn mowing services for a number of apartment complexes he owns. He negotiated a price per month but the scope of services to be performed remained a bit vague. Why is he disappointed that the winning contractor provides less than the desired level of services?