Public Choice Analysis Indicates

question 146

Multiple Choice

Public choice analysis indicates

• A) most income transfers will be directed toward the poor.
• B) rent-seeking activities will improve the efficiency of resource allocation and promote economic growth.
• C) rent seeking will be less attractive if the nation's legal (or constitutional) structure makes it difficult to use the political process to take the property or income of others.
• D) politicians will consistently oppose programs favored by rent seekers if those programs reduce the welfare of society.

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Definitions:

Progressive Discipline

A system of dealing with job-related behavior that does not meet expected and communicated performance standards, starting with the least severe action.

Organisational Expectations

The standards, goals, and performance criteria that an organization sets for its employees or members to guide their behavior and work output.

Clan Control

Influences behaviour through norms and expectations set by the organisational culture.

Bureaucratic Control

A system of managing an organization through a hierarchical structure with strict rules and procedures.