"Government Failure" Is Present When

question 71

Multiple Choice

"Government failure" is present when

• A) constitutional restrictions block government action that is favored by the majority of voters.
• B) political decision-makers try to serve the general public rather than their personal interest.
• C) the structure of incentives encourages political decision-makers to undertake actions that conflict with the efficient allocation of resources.
• D) the political decision-makers are motivated by something other than good intentions; if they have good intentions, political action will allocate resources efficiently.

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Definitions:

Conflict Resolution

The process of resolving a dispute or disagreement between parties through negotiation, mediation, or other peaceful methods.

Job-specific Skills

Abilities and knowledge required to perform particular tasks in a job efficiently.

Technical Competence

The ability and skills to perform specific tasks and functions related to a specific field of work or study.

Knowledge

Information, understanding, or skill acquired through experience or education; the theoretical or practical understanding of a subject.