According to Public Choice Theory, Which of the Following Is

question 2

Multiple Choice

According to public choice theory, which of the following is not a likely reason that government policy might benefit only a narrow interest group?

• A) If the benefits to the narrow interest group are relatively large, they have an incentive to invest a lot of money and effort in lobbying government.
• B) If the costs of this policy are spread out among the general population, and are a very small burden for anyone person, then those paying the costs have little incentive to organize opposition.
• C) The additional rewards of a policy to the general population outweigh the additional costs that are imposed on a narrow interest group.
• D) Politicians follow their own self-interest and seek to maximize their reelection chances rather than promoting the best interests of society.

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Definitions:

Significant Differences

A term used in statistics to indicate that the differences observed between groups or variables are unlikely to have occurred by chance.

Generalize Findings

The process of applying the results of a study or conclusion beyond the specific contexts or participants studied.

Descriptive Statistics

Statistical methods that summarize or describe a collection of data using measures such as mean, median, and mode.

Population Parameters

Quantitative characteristics or metrics of a population, such as mean, variance, or standard deviation.