According to Public Choice Theory,a Voter Will Favour a Candidate

question 35

Multiple Choice

According to public choice theory,a voter will favour a candidate whose political program is

• A)perceived by the voter to be in his self-interest.
• B)best for the majority of the people.
• C)closest to efficiency.
• D)favoured by the median voter.
• E)all of the above.

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Definitions:

Capital Investment Proposals

Plans or suggestions put forward for consideration regarding the investment of capital into long-term assets or projects expected to provide benefits over multiple periods.

Time Value of Money Concept

The idea that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.

Dollar Today

The current value of the US dollar against a basket of foreign currencies, affecting import and export prices.

Equal Cash Flow

Recurrent inflow or outflow of cash that is the same in amount for each period.