Government intervention to correct market failures may face special problems in a democracy because democratic decision making
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Question:
Government intervention to correct market failures may face special problems in a democracy because democratic decision making
A) can reallocate resources to compensate the economic losers from policy changes.
B) can be relied on to make consistent choices.
C) can tend to underrepresent special interests.
D) may fail to take into account the intensity of voter's preferences.
E) All of the above.
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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