4. Other things constant, when the benefit/cost ratio from public sector action is quite high, the action

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4. Other things constant, when the benefit/cost ratio from public sector action is quite high, the action is a ttractive to both voters and political entrepreneurs. Such activities are nearly always conducted by government.

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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