Asked by
pinky lou Raquidan
on Dec 11, 2024Verified
Public choice theory suggests politicians will be most likely to favor redistribution of income from
A) the rich to the poor.
B) unorganized taxpayers to well-organized interest groups.
C) middle-income taxpayers to both the rich and the poor.
D) well-organized businesses and labor groups to consumers.
Redistribution of Income
Government policies or mechanisms aimed at reducing income inequality by reallocating wealth and income from richer to poorer segments of society.
Taxpayers
Individuals or entities that are obligated to pay taxes to federal, state, or local governments.
- Analyze how special interest groups affect policy-making processes.
- Acquire knowledge on the theory and practical implementation of public choice analysis in economics and politics.
Verified Answer
NS
Learning Objectives
- Analyze how special interest groups affect policy-making processes.
- Acquire knowledge on the theory and practical implementation of public choice analysis in economics and politics.
Related questions
Sound Economic Policy Is Policy That Is Consistent with ...
Figure 6-1 Illustrates the Four Possibilities of the Distribution of ...
Which of the Following Provides the Best Summary of the ...
Most Voters Will Likely Be Concerned with ...
Special-Interest Programs Are Highly Attractive to Vote-Seeking Politicians Because ...