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Congressman Flack votes for a program that will benefit the constituents of Congressman Walpole.The public choice model suggests that Flack's vote is best explained by which of the following?
Binder
A binder is a temporary insurance agreement that provides coverage until a formal, permanent policy is issued, often used in property and casualty insurance scenarios.
Standardization
The process of developing and implementing technical standards to ensure the compatibility, safety, and quality of products or services.
Insurance Policies
Contracts between an insurer and a policyholder that stipulate the terms under which the insurer agrees to compensate the policyholder for loss related to specific events or hazards.
States
Political entities within a country, having a defined territory, government, and certain sovereign rights.
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