Government Failure Is Likely to Occur for All of the Following

question 86

Multiple Choice

Government failure is likely to occur for all of the following reasons except:

• A) special interest groups might lobby government to the detriment of the public good.
• B) individuals have better information about a situation that affects them than does government.
• C) intervention in markets is always simpler than it initially seems.
• D) the bureaucratic nature of government intervention does not allow fine-tuning.

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Definitions:

Industrial-Organizational Psychologist

A psychologist specializing in the behavior of individuals in business and work settings, focusing on improving productivity and the quality of work life.

Organizational Psychologist

An expert who utilizes psychological concepts and approaches within organizations to enhance productivity and address associated workplace concerns.

Personnel Psychologist

A professional who applies psychological principles and methods to the workplace to solve problems related to human behavior and performance.

Structured Interviews

A method of interviewing where each respondent is asked a set of predetermined questions, ensuring consistency across interviews.