Public Choice Economists Point Out That When the Government Enters

question 19

True/False

Public choice economists point out that when the government enters into the market, the incentive is to achieve its goal in the least-cost manner.

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Definitions:

A Stimulator

An agent or condition that triggers or increases activity, interest, or enthusiasm in a specific context or process.

Distress

Extreme anxiety, sorrow, or pain that negatively affects an individual’s mental and physical well-being.

Stressor

The person or event that triggers the stress response.

Cardiovascular Disorders

A class of diseases that involve the heart or blood vessels, including conditions such as coronary artery disease and hypertension.