When Analyzing Public Sector Decision Making, Economic Theory Assumes Voters

question 182

Multiple Choice

When analyzing public sector decision making, economic theory assumes voters, politicians, and government officials will

• A) respond to changes in personal benefits and costs when making public sector choices.
• B) always pursue the public interest even when it conflicts with their private interests.
• C) generally ignore the personal costs and benefits associated with their choices.
• D) make decisions that seek to maximize the amount of benefits created for society as a whole.