Government failure is a prominent topic in:A) public choice theory.B) Keynesian economics.C) socialist theory.D) behavioral economics.

Question

Government failure is a prominent topic in:A)  public choice theory.B)  Keynesian economics.C)  socialist theory.D)  behavioral economics.

Patricia Cordova · Accepted Answer

Final Answer : A, Explanation :  Government failure is a central concept in public choice theory, which examines how government decision-making can be influenced by political and economic incentives. Keynesian economics focuses on the role of government in managing the economy through fiscal and monetary policy, but does not necessarily address the issue of government failure. Socialist theory, while emphasizing the role of government in economic planning, does not necessarily examine the potential shortcomings of government decision-making. Behavioral economics may touch on the issue of government decision-making, but it is not the central focus of the field.

"Government failure" is a prominent topic in:

A) public choice theory.
B) Keynesian economics.
C) socialist theory.
D) behavioral economics.

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Learning Objectives

Related questions

"Government failure" is a prominent topic in:A) public choice theory.B) Keynesian economics.C) socialist theory.D) behavioral economics.

Definitions

Learning Objectives

Learning Objectives

Related questions

"Government failure" is a prominent topic in:

A) public choice theory.
B) Keynesian economics.
C) socialist theory.
D) behavioral economics.