Which of the Following Is the Best Example of Public

question 239

Multiple Choice

Which of the following is the best example of public investment?

• A) salaries of senators and representatives
• B) government expenditures on food assistance programs
• C) construction of highways
• D) funding of regulatory agencies

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Definitions:

Income Distribution

The way in which total income is shared among the members of a society.

Allocation of Resources

The process of distributing available resources for various uses in an economy.

Leaky Bucket

A metaphor often used in economics to describe the inefficiencies or waste that can occur in the distribution or allocation of resources.

Utilitarian Argument

A perspective in ethics that emphasizes the greatest good for the greatest number of people as the criterion for determining right actions.