According to Public Choice Theory, Policymakers

question 243

Multiple Choice

According to public choice theory, policymakers

• A)place the interests of the public above their own self-interest.
• B)are likely to pursue their own self-interest, even if their self-interest conflicts with the public interest.
• C)act in ways to maximize economic efficiency.
• D)act in ways to bring about an equitable distribution of society's wealth.

---

Definitions:

Cash Flow

Indicates the total amount of money being transferred into and out of a business, particularly affecting its liquidity.

Total Assets

The sum of all assets owned by a company, including cash, inventory, property, and equipment.

Operating Cash

Cash generated from a company's normal business operations.

Investing Activities

Financial transactions involving the acquisition or disposal of long-term assets or other investments not included in cash equivalents.