The Theory of Public Choice

question 73

Multiple Choice

The theory of public choice

• A) is the theory of how government decides on what military hardware to purchase.
• B) considers government decision-making efficient.
• C) is the study of collective decision making.
• D) is the study of how negative externalities can be reduced.

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Definitions:

Compressing

Compressing refers to the process of reducing the size of digital data by using algorithms to remove redundancies, making files easier to store or transmit over networks.

File

An electronic container holding data or computer code that serves as a basic unit of storage.

Folder

In Windows-based operating systems, an electronic container that holds files as well as other folders. It is also called a directory.

Disk Space

The amount of data that a storage device or medium can hold, usually measured in gigabytes or terabytes.