Government failure is present whenA) constitutional restrictions block government action that is favored by the majority of voters.B) political decision-makers try to serve the general public rather than their personal interest.C) the structure of incentives encourages political decision-makers to undertake actions that conflict with the efficient allocation of resources.D) the political decision-makers are motivated by something other than good intentions; if they have good intentions, political action will allocate resources efficiently.

Question

Government failure is present whenA)  constitutional restrictions block government action that is favored by the majority of voters.B)  political decision-makers try to serve the general public rather than their personal interest.C)  the structure of incentives encourages political decision-makers to undertake actions that conflict with the efficient allocation of resources.D)  the political decision-makers are motivated by something other than good intentions; if they have good intentions, political action will allocate resources efficiently.

Wenna Mamada · Accepted Answer

Final Answer : C, Explanation :  Government failure occurs when the incentives within the political system lead decision-makers to take actions that result in inefficient resource allocation, regardless of their intentions.

Definitions

Learning Objectives

Learning Objectives

Related questions