According to the economic way of thinking, personal benefits and costs influence the actions of

A) consumers in the private sector but not voters in the public sector.
B) producers in the private sector but not politicians in the public sector.
C) taxpayers but not recipients of government-provided goods and services.
D) consumers, producers, voters, and politicians in both the private and the public sectors.

Question

Bernabe Briseno · Accepted Answer

Final Answer : D, Explanation :  The economic way of thinking suggests that all individuals, whether consumers, producers, voters, or politicians, make decisions based on personal benefits and costs, regardless of whether they are in the private or public sector.

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