Ginny Is the Owner of a Small Business, and She

question 174

Multiple Choice

Ginny is the owner of a small business, and she is 35 years old. She doesn't smoke cigarettes, and she often spends her weekends with her family camping at the local Greentree state park. According to public choice theory, which of the following four politicians for a public office would Ginny be most likely to vote for in the upcoming election?

• A) Politician A proposes increasing the tax on small businesses and using the money to provide additional benefits for the elderly.
• B) Politician B proposes increasing the tax on small businesses and using the money to improve the camping facilities at Greentree state park.
• C) Politician C proposes increasing the excise tax on cigarettes and using the money to improve the camping facilities at Greentree state park.
• D) Politician D proposes increasing the excise tax on cigarettes and using the money to provide additional benefits for the elderly.

---

Definitions:

Present Value

The valuation in today's terms of a future sum or series of financial inflows, taking into account a particular rate of return.

Investment Cost

Investment cost refers to the total amount of money spent to acquire an asset, including purchase price and all associated expenses.

Metal Stamping Press

A machine used in the manufacturing sector to shape or cut metal into a desired form by pressing or punching.

Automated

The use of technology or machinery to perform tasks without human intervention.