A common assumption that economists make about the behavior of elected officials is that they try to

a. maximize the size of their government salaries
b. maximize the size of their control over the budget process
c. maximize the number of votes they receive in the next election
d. minimize the government's expenditures in order to balance the budget
e. conform to the wishes of special interest groups so that the government behaves as a single, consistent decision maker

C

Economics

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When health care is made available to the poor without cost, the market demand for health care services represents, for every different possible price, the quantity of services demanded

A. only by the government at that price. B. by the non-poor at that price and by the poor at a price of zero. C. by both the non-poor at that price and by the poor at that price. D. only by the non-poor at that price.

Economics

As a possible approach to eliminating the government budget deficit, increasing taxes for everyone would

A. mean only a small increase in taxes. B. lead to a large increase in taxes for every worker. C. transfer more goods and services to the government sector. D. lead to an inflationary gap.

Economics