Which of the Following Represents the Basic Principle of Public

question 24

Multiple Choice

Which of the following represents the basic principle of public choice theory?

• A) Politicians act consistently in the public's interest.
• B) Politicians follow their own self-interest and seek to maximize their reelection chances, rather than promote the best interests of society.
• C) Politicians act in the public interest once they are elected, but follow their own self-interest and seek to maximize their reelection chances during a political campaign.
• D) None of the above.

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Definitions:

Chlorine Level

A measure of the amount of chlorine present in a substance, often used in water treatment to ensure the water is safe for consumption.

Water Park

A recreational facility that features water play areas, such as swimming pools, water slides, and splash pads.

P-value

The probability of observing a test statistic at least as extreme as the one observed, under the assumption that the null hypothesis is true.

Sampling Variation

The variability in statistics and results that occurs by chance when only a subset of the population is sampled.