Public Choice Theorists Contend That

question 266

Multiple Choice

Public choice theorists contend that

• A)government can efficiently correct instances of market system failure.
• B)the existence of cost-benefit analysis has brought about the efficient use of resources in the public sector.
• C)public bureaucracies are inherently more efficient than private enterprises.
• D)public bureaucracies are inherently less efficient than private enterprises.

---

Definitions:

Plentiful Jobs

indicates a situation or market condition where there are many employment opportunities available.

Honeymoon-Hangover Effect

A phenomenon observed in human behavior or organizational settings where initial enthusiasm and positive feelings (the "honeymoon") are followed by disillusionment or decreased satisfaction (the "hangover").

Satisfied People

Individuals who feel content and fulfilled in their personal or professional lives, often due to meeting their needs or achieving their goals.

Dissatisfied People

Individuals who express or feel a lack of satisfaction, often due to unmet expectations or desires in various contexts.