Which of These Is Not the Reason Why There Is

question 6

Multiple Choice

Which of these is not the reason why there is generally less demand and incentive for the production of information in political markets than in capital markets?

• A)There is high probability that one individual's actions will affect that person's wealth
• B)Heterogeneity of interests within groups
• C)High information and transaction costs
• D)In political markets it is harder for individuals or groups to capture benefits from the information

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Definitions:

Federal District Court

A trial level court in the United States federal court system that deals with civil and criminal cases under federal law.

Geographic Area

A specific part of the Earth's surface defined by physical and geographical boundaries or coordinates.

Intermediate Courts of Appeal

Judicial bodies that exist between lower courts and the highest court in a jurisdiction, responsible for reviewing decisions and interpretations of law from trial courts.

Federal Circuit Courts of Appeal

The Federal Circuit Courts of Appeal are intermediate appellate courts in the United States responsible for reviewing decisions from federal district courts within their geographic circuit.