Public Choice Analysis Suggests That the Primary Motivating Factor for Politicians

question 19

Multiple Choice

Public choice analysis suggests that the primary motivating factor for politicians will be finding the policies that are most likely to

• A) get them reelected.
• B) improve economic efficiency.
• C) improve the welfare of society as a whole.
• D) anger the interest groups that provide substantial contributions to their campaigns.

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Definitions:

Economic Viability

The ability of an entity, project, or activity to sustain its operations and make a profit over the long term.

Wrongful Dissociation

In the context of business partnerships or limited liability companies, this term refers to the improper withdrawal of a partner or member from the business, breaching the operating agreement and possibly resulting in liability.

Novation

Novation is the act of replacing one obligation with another by mutual agreement, effectively transferring the rights and duties to a new party.

Valid Obligation

A duty or commitment that is legally binding and enforceable by law.