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2 Nov 2020
3. Some practical difficulties of democracy from an economic point of view include:
a. The actors in the political system are presumed to follow their own self-interest, which is not necessarily the same as the public good.
b. Benefits or costs of government action are sometimes concentrated on small groups, which in some cases may organize and have a disproportionately large impact on politics and in other cases may fail to organize and end up neglected.
c. A legislator who worries about support from voters in his or her district may focus on spending projects specific to the district without sufficient concern for whether this spending is in the interest of the nation.
d. All of the above
3. Some practical difficulties of democracy from an economic point of view include:
a. The actors in the political system are presumed to follow their own self-interest, which is not necessarily the same as the public good.
b. Benefits or costs of government action are sometimes concentrated on small groups, which in some cases may organize and have a disproportionately large impact on politics and in other cases may fail to organize and end up neglected.
c. A legislator who worries about support from voters in his or her district may focus on spending projects specific to the district without sufficient concern for whether this spending is in the interest of the nation.
d. All of the above
Raushan RajLv8
2 Nov 2020
