The public-choice view states that
a. all governments are bad and should be abolished.
b. macroeconomic policymakers are only interested in the social good.
c. policymakers in the public sector work for the public, whereas policymakers in the private sector have private interests.
d. macroeconomic policymakers act to maximize their own welfare rather than acting for the social good.
e. both c and d.
ANSWER
D
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