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The government suffers from the public failure known as Informational Problems when: A) self-interested citizens understate the value of public goods or understate the cost

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The government suffers from the public failure known as Informational Problems when: A) self-interested citizens understate the value of public goods or understate the cost of externalities. This causes government decisions to be inefficient. (B) self-interested citizens overstate the value of public goods or overstate the cost of externalities. This causes government decisions to be inefficient. C) it has correct information about how people value government produced goods, but bureaucrats waste resources producing the good. (D) the government publishes false information to mislead people about what the government is doing

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