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Public choice theory indicates that representative government yields outcomes more consistent with economic efficiency when a close relationship exists between the benefits received and the costs borne by each voter. Which of the following methods of financing a government program will most likely result in a close relationship between voter benefits and costs?
Unwritten Rules
Norms, behaviors, or conventions that are understood and followed by a group or society but not formally documented.
Legal Decisions
The conclusions or judgments made by courts of law or other bodies authorized to interpret the law, which guide future actions and resolve conflicts.
Threatened and Endangered Species
Species that are at risk of extinction in the near future.
NGOs
Non-Governmental Organizations (NGOs) are independent groups operating globally or locally without government control, working in various fields like environmental protection, human rights, and development.
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