The Branch of Economics That Applies the Principles and Methodology

question 51

Multiple Choice

The branch of economics that applies the principles and methodology of economics to the operation of the political process is known as

• A) private choice analysis.
• B) public choice analysis.
• C) government operations analysis.
• D) policy preference analysis.

---

Definitions:

Boy Scout Camp

Boy Scout Camp refers to a camping experience organized for Boy Scout members that focuses on outdoor skills, leadership development, and camaraderie.

Joint Cooperation

The act of working together towards a common goal by two or more parties, often involving shared responsibilities and resources.

Self-Fulfilling Prophecy

An anticipation that comes to pass as a result of a positive feedback loop between one's actions and beliefs, making it true either directly or indirectly.

Belief

An acceptance that something exists or is true, especially one without proof.