A public choice is

A) a decision that affects one person.
B) a decision that affects no one.
C) a decision made in public.
D) a decision that affects an entire society.

D

Economics

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The long-run aggregate supply increases as:

a. new production technology is introduced. b. the quality of labor declines. c. the average price level increases. d. natural resources become depleted. e. the minimum wage rate increases.

Economics

A surplus in a country's trade balance means that:

a. its net exports exceed transfer payments. b. the country's currency is over-valued. c. the value of its net exports is positive. d. imports into the country exceed exports. e. domestic savings exceeds domestic investment.

Economics