Asked by
Rachel Slade
on Dec 11, 2024Verified
Which of the following provides the best summary of the basic idea of public choice analysis?
A) Public choice analysis applies the principles of economics to political science topics.
B) Public choice analysis takes the principles of political science and applies them to the traditional topics of economics.
C) Public choice analysis uses the principle of majority rule to determine the efficiency of an action.
D) Public choice analysis indicates there is a sharp distinction between economic and political topics.
Public Choice Analysis
is a field of economics that applies economic reasoning to political science, analyzing government actions in terms of economic efficiency and individual behaviors.
Political Science
The study of politics, government systems, and political behavior, focusing on the theory and practice of politics and analyses of political systems and political activities.
Economic Topics
Economic Topics are issues or subjects related to the production, distribution, and consumption of goods and services.
- Comprehend the theoretical foundations and applications of public choice analysis in the realms of economics and politics.
Verified Answer
CR
Learning Objectives
- Comprehend the theoretical foundations and applications of public choice analysis in the realms of economics and politics.