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Claire remembers that uniquely wonderful taste that can only come from a frosty mug of root beer. As she heads to the soft drink aisle in the grocery store, she decides that today is the day to experience her root beer again. Claire has just conducted what is called an informational search.
Public Choice Theory
An economic theory that applies principles of economics to political science, analyzing how public decisions are made and how public officials behave.
Government Expenditures
The total amount spent by the government for its operations, projects, social welfare, and public services.
Gross Domestic Product (GDP)
The complete value, in terms of money or market, of all final products and services made inside a nation's boundaries over a certain time frame.
Collective Action
The pursuit of a goal or set of goals by multiple people or entities working together, often in the context of addressing public goods or common interests.
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