As Both the Budget and Regulatory Powers of Government Grow

question 204

Multiple Choice

As both the budget and regulatory powers of government grow, public choice analysis indicates that individuals and groups will find it in their interest to

• A) increase their efforts devoted toward market production.
• B) spend less time attempting to secure redistribution through government.
• C) spend more time informing themselves about political issues, so they can cast a well-informed vote.
• D) spend more time rent seeking.

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Definitions:

Preconceptions

Pre-existing opinions or beliefs that shape one's understanding or interpretation of new information.

Dominance Structuring

The organization of a social group based on a hierarchy of power or dominance, where individuals or groups assert control over others.

To-Be-Chosen Option

An alternative or possibility that is under consideration for selection in decision-making.

Elimination By Aspect

A decision-making strategy that systematically rejects options based on the absence or presence of certain criteria, until one option remains.