Which of the Following Public Policies Does NOT Fit the Diffused

question 56

Multiple Choice

Which of the following public policies does NOT fit the diffused costs and concentrated benefits story?

• A) agricultural subsidies
• B) minimum wage
• C) price supports
• D) trade quota and tariffs

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Definitions:

Tangible

That which can be perceived by touch or is materially real and concrete, as opposed to abstract concepts.

Self-Actualizing

refers to the realization or fulfillment of one's talents and potentialities, especially considered as a drive or need present in everyone.

Lower-Order Needs

Lower-order needs are fundamental physiological and safety-related needs in Maslow's hierarchy, such as food, water, shelter, and security, considered essential for survival before higher-order needs can be addressed.

Abraham Maslow

An American psychologist known for creating Maslow's hierarchy of needs, a theory in psychology proposing that certain fundamental needs must be satisfied before higher needs can be pursued.