Public Choice Analysis Indicates

question 146

Multiple Choice

Public choice analysis indicates

• A) most income transfers will be directed toward the poor.
• B) rent-seeking activities will improve the efficiency of resource allocation and promote economic growth.
• C) rent seeking will be less attractive if the nation's legal (or constitutional) structure makes it difficult to use the political process to take the property or income of others.
• D) politicians will consistently oppose programs favored by rent seekers if those programs reduce the welfare of society.

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Definitions:

Pallor

An unhealthy pale appearance typically indicating anemia or lack of blood supply.

Clubbing

A condition characterized by bulbous enlargement of the ends of one or more fingers or toes, usually associated with chronic oxygen deficiency or various diseases.

Convex Profile

An outwardly curved shape or surface, often describing the curvature of a facial profile.

Spongy

Relating to or resembling a sponge in structure, often used to describe textures that are porous, soft, and capable of absorbing fluids or compressing.