The Assumption of Public Choice Models Is That Every Individual

question 14

True/False

The assumption of public choice models is that every individual, including individuals in government, acts in his or her own self-interest.

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Definitions:

Poor Validity

Refers to the lack of effectiveness of a measurement or test to accurately reflect the variable it is intended to measure.

Latitude

The degree of freedom or flexibility granted to an individual in their job to make decisions and take action.

Paper-and-pencil Honesty Test

A test method utilizing paper and pencil for evaluating a candidate's truthfulness and moral integrity, commonly used in employment settings.

Polygraph Test

A lie detector test that measures and records several physiological indicators such as blood pressure, pulse, and perspiration.