Which of the Following Would a Government Employee Interest Group

question 72

Multiple Choice

Which of the following would a government employee interest group be least likely to pursue?

• A) Higher wages
• B) Better retirement packages
• C) Increased health care benefits
• D) Decreased levels of government spending

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Definitions:

Preferences

The subjective tastes and desires that guide consumers in making their choice among various goods and services.

Incomplete

Characterizing something as not fully finished, lacking some parts, or not comprehensive.

Transitive

A relation is described as transitive if, whenever it relates some A to B and B to C, it also relates A to C.

Marginal Rate of Substitution

The rate at which a consumer is willing to give up one good in exchange for another good while maintaining the same level of utility or satisfaction.