Asked by
Kathryn Swank
on Oct 08, 2024Verified
An economic analysis of the relationship between proposed legislation affecting major employers in each state and the voting patterns of senators and representatives in Congress on that legislation would fit within the subcategory of economics called:
A) the economics of fiscal policy.
B) public choice theory.
C) behavioral economics.
D) monetarism.
Economic Analysis
The systematic examination of economic data, policies, or conditions to understand or predict economic performance and outcomes.
Public Choice Theory
A field of economics that studies how economic decisions and policies are influenced by the behavior and incentives of individuals and institutions within the public sector.
Legislation
The process of making or enacting laws by a governing body or legislative authority.
- Comprehend the basic principles of public choice theory and its utilization in the economic examination of politics and the voting process.
Verified Answer
AB
Learning Objectives
- Comprehend the basic principles of public choice theory and its utilization in the economic examination of politics and the voting process.