The Theory of Public Choice

question 184

Multiple Choice

The theory of public choice

• A) analyzes the likelihood that various public sector alternatives will be instituted.
• B) assumes that economic incentives influence the choices of voters.
• C) applies the tools of economics to the collective decision-making process.
• D) is all of the above.

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Definitions:

Sampling Frame

The list or database from which a statistical sample is drawn for a research study, encompassing all the members of the population being studied.

Representative Sample

A subset of a population carefully chosen to accurately reflect the characteristics of the larger group for the purposes of research or analysis.

Probability Sample

A sampling method in which every member of the population has a known and non-zero chance of being selected for the study, allowing for generalized conclusions.

Voluntary Response Sample

A sampling method where participants self-select to be a part of a study, often leading to biased results due to the non-random nature of the sample choice.