Which of the Following Statements Is TRUE

question 85

Multiple Choice

Which of the following statements is TRUE?

• A) Small groups are less likely to favor efficient policies than large groups.
• B) The larger the group, the more likely it will favor special interests rather than economic growth.
• C) Quasi-democracies prefer a highly educated population because they are more accepting of the leadership's policies.
• D) Oligarchies tend to use the print media to inform public debate and encourage political competition.

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Definitions:

Government-Run

Entities, operations, or programs managed and operated by a government entity or its agents.

External Cost

Spillover effects that reduce the well-being of non-consenting parties.

Economic Efficiency

A condition in which resources are distributed to optimize the generation of goods and services.

Competitive Private Market

A market structure where multiple firms compete against each other under minimal governmental intervention, offering goods and services to consumers.