Asked by Ryan Matthew McCarthy on Jun 29, 2024
Verified
Which of the following is related to the special-interest effect?
A) pork-barrel politics
B) earmarks
C) logrolling
D) all of these
Special-Interest Effect
The impact on policy or decision-making driven by the concentrated benefits to a small group while the costs are dispersed among the general population.
Pork-Barrel Politics
Refers to the allocation of public funds for projects designed primarily to benefit constituents of a politician in return for their political support.
Earmarks
Narrow, specially designated spending authorizations placed in broad legislation by senators and representatives for the purpose of providing benefits to firms and organizations within their constituencies. Earmarked projects are exempt from competitive bidding and normal evaluation procedures.
- Identify factors contributing to government failures such as rent-seeking behavior and special-interest effects.
Verified Answer
Learning Objectives
- Identify factors contributing to government failures such as rent-seeking behavior and special-interest effects.
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