In Which Case Is the Political Process Most Likely to Result

question 24

Multiple Choice

In which case is the political process most likely to result in the acceptance of productive programs and rejection of unproductive political activities?

• A) when the benefits are highly concentrated and costs widespread among voters
• B) when the costs are highly concentrated and the benefits widespread among voters
• C) when both the benefits and costs are widespread among voters
• D) when the benefits accrue primarily in the future, whereas the costs are more visible during the current period

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Definitions:

Accounts Receivable

Unpaid dues from customers to a company for goods or services already delivered.

Zero Balance Accounts

A checking account in which a balance of zero is maintained by automatically transferring funds from a master account in an amount only large enough to cover checks presented.

Excess Funds

Surplus money available with an entity after all expenses and obligations have been met, which can be invested or saved for future use.

Ordering Costs

Expenses incurred in placing and receiving orders from suppliers, typically including costs related to processing, shipping, and receiving.