6 The public sector is an alternative means of organizing economic activity. Public sector decision-making will reflect

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6 The public sector is an alternative means of organizing economic activity. Public sector decision-making will reflect the choices of individuals acting as voters, politicians, financial contributors, lobbyists, and bureaucrats. Public choice analysis applies the principles and methodology of economics to group decision-making in an effort to help us understand collective organizations.

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Essentials Of Economics

ISBN: 396414

2nd Edition

Authors: James D Gwartney; Richard Stroup; J R Clark

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