Public Choice Analysis Indicates

question 148

Multiple Choice

Public choice analysis indicates

• A) politicians under representative democracy are led as if by an invisible hand to adopt legislation that enhances the wealth of a nation.
• B) political structures consistent with economic efficiency tend to emerge naturally from the ordinary political process.
• C) constitutional rules establishing procedures and limiting the ability of the political process to engage in redistributive activities can improve the economic efficiency of government.
• D) all of the above are correct.

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Definitions:

Self-confidence

The belief in one's abilities and capacities to accomplish tasks and face challenges effectively.

Codependent Relationship

A type of dysfunctional relationship where one person enables another person's poor mental health, addiction, irresponsibility, or underachievement.

Gambling Addict

An individual who cannot resist the urge to gamble, often leading to negative personal, financial, and social consequences.

Self-confidence

The belief in one's abilities, qualities, and judgement, contributing to one's sense of personal value and competence.