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In the Proposal, the Purpose and Problem Are Addressed in the

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In the proposal, the purpose and problem are addressed in the


Definitions:

Public Choice Analysis

An economic theory that studies how public decisions are made, considering individuals as rational actors who pursue their self-interest.

Self-Interests

The pursuit of personal advantage and well-being, often driving economic decisions and behaviors.

Economic Inefficiency

A situation where resources are not allocated optimally, leading to wastage and a loss of potential value.

Productive Projects

Initiatives or ventures undertaken with the goal of creating goods or services that contribute to economic growth and development.

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