"Government Failure" Exists When Political Decision-Makers Choose Actions That

question 28

Multiple Choice

"Government failure" exists when political decision-makers choose actions that

• A) seek efficient outcomes rather than fair outcomes.
• B) seek fair outcomes rather than efficient outcomes.
• C) conflict with efficient allocation of resources.
• D) conflict with the outcome favored by the majority of voters.

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Definitions:

Lasting Habit

A behavior that has been regularly practiced over time, thus becoming difficult to change or break.

Vision

The ability to think about or plan the future with imagination or wisdom.

Confidence

A belief in one's abilities and competence, often leading to a positive self-image and assertiveness in actions.

Graduate School

An advanced program of study focused on a particular academic discipline or profession, typically after earning an undergraduate degree.