《江西财经大学微观经济学试题库》chapter 16.docVIP

Microeconomics, 10e (Parkin) Chapter 16 Public Choices and Public Goods 1 Public Choices 1) A public choice is A) a decision that affects one person. B) a decision that affects no one. C) a decision made in public D) a decision that affects a entire society. Answer: D Topic: Public Choice Theory Skill: Recognition Question history: New 10th edition AACSB: Reflective Thinking 2) When government action leads to inefficiency it is known as A) government failure B) government as usual C) lack of government trust D) politics Answer: A Topic: Public Choice Theory Skill: Recognition Question history: New 10th edition AACSB: Reflective Thinking 3) Government failure, when government actions lead to inefficiency, can result in either A) overprovision. B) underprovision. C) both A and B D) neither A nor B Answer: C Topic: Public Choice Theory Skill: Recognition Question history: New 10th edition AACSB: Reflective Thinking 4) The political market place requires all EXCEPT A) diplomats B) firms C) voters D) politicians Answer: A Topic: Public Choice Theory Skill: Recognition Question history: New 10th edition AACSB: Reflective Thinking 5) Governments exist to A) maintain property rights B) provide non-market mechanisms for allocating scarce resources C) implement arrangements that redistribute wealth and income D) all of the above Answer: D Topic: Public Choice Theory Skill: Recognition Question history: New 10th edition AACSB: Reflective Thinking 6) In the political marketplace, voters do all of the following EXCEPT A) benefit from public goods and services. B) pay some taxes. C) vote. D) evaluate policy proposals of bureaucrats. Answer: D Topic: Public Choice Theory Skill: Recognition Question history: New 10th edition AACSB: Reflective Thinking 7) In the political marketplace, firms do all of the following EXCEPT A) vote. B) pay taxes. C) evaluate policy proposals of politicians. D) benefit from public goods and services. Answer: A To