Scenario 6-1 The Quotation Below Relates to the Following Question(s)

question 32

Multiple Choice

Scenario 6-1
The quotation below relates to the following question(s) .
"The ideal policy,from the viewpoint of the state,is one with identifiable beneficiaries,each of whom is helped appreciably,at the cost of many unidentifiable persons,none of whom is hurt very much." (George Stigler,A Dialogue on the Proper Economic Role of the State)
-Which of the following groups does the quotation in Scenario 6-1 suggest would have the most influence on public sector action?

• A)taxpayers
• B)nonunion workers
• C)special interest groups
• D)consumers

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Definitions:

Covered Peril

A risk or event, such as fire or theft, that is specifically insured against under a policy, meaning the insurer has agreed to bear the risk and compensate the insured.

Declaratory Judgment

A court's ruling regarding the legal rights and obligations of the parties in a civil lawsuit, without ordering any specific action or awarding damages.

Prelitigation Payment

Payment made before a legal case is formally initiated, often to settle the matter outside of court.

Liability Cases

Legal disputes where one party is seeking damages or remediation from another party for wrongful acts or negligence.