Public Choice Theory Assumes That Each Voter Will Tend to Favor

question 26

Multiple Choice

Public choice theory assumes that each voter will tend to favor the political candidate who offers:

• A)​programs with the largest social benefits.
• B)​equality of government-provided benefits across all citizens.
• C)​programs that will yield the greatest personal benefits net of personal cost.
• D)​a plan requiring the least amount of tax dollars, regardless of the level of benefits provided.

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Definitions:

Straight-Line Depreciation

Depreciation method in which the amount taken to depreciation expense each year is constant and equal to 1/n times the depreciable amount, where n is the depreciable life of the asset.

Salvage Value

The estimated residual value of an asset at the end of its useful life.

Opportunity Cost

The receipts from the next most valuable forgone alternative when making a decision or choice among many options.