In Which Case Is the Political Process Most Likely to Result

question 32

Multiple Choice

In which case is the political process most likely to result in the acceptance of efficient projects and rejection of inefficient projects?

• A) The benefits are highly concentrated, and costs are widespread among voters.
• B) The costs are highly concentrated, and the benefits are widespread among voters.
• C) Both the benefits and costs are widespread among voters.
• D) The benefits accrue primarily in the future, while the costs are more visible during the current period.

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Definitions:

Designer Outfit

Clothing created by a fashion designer, often branded, and characterized by exclusive designs, high quality, and high price.

Part-Time Modeling

Engaging in modeling on a less than full-time basis, often balancing with other job responsibilities or educational pursuits.

Disaffirm

The legal act of a minor voiding or rejecting a contract they have entered into, under the protection of laws that allow minors to cancel certain agreements.

Real Property

Land and anything permanently attached to it, such as buildings and natural resources.