Which of the following represents the basic principle of public choice theory?
a. Politicians act consistently in the public’s interest.b. Politicians follow their own self-interest and seek to maximize their re-election chances, rather than promote the best interests of society.c. Politicians act in the public interest once they are elected, but follow their own self-interest and seek to maximize their re-election chances during a political campaign.d. None of the above answers are correct.
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