According to public choice theory, a voter will favour a candidate whose political program is
a) favoured by the median voter
b) perceived by the voter to be in his self-interest
c) closest to efficiency
d) all of the above
Ans: b) perceived by the voter to be in his self-interest
Economics
You might also like to view...
The rules of accounting generally require that ________ be included in a firm's financial records
A) only explicit costs B) both explicit costs and implicit costs C) only implicit costs D) neither explicit costs nor implicit costs
Economics
All else constant, if the central bank wants to slow the pace at which the economy is expanding, it should increase interest rates
Indicate whether the statement is true or false
Economics