Public choice economists

A) analyze the incidence of taxes.
B) are also known as Keynesian economists.
C) use the tools of economics to analyze decision making, politics, and elections in the public sector.
D) are, by definition, economists employed by federal, state, and local governments.

Public Choice Economists

Economists who apply economic theories and methodologies to the analysis of political behavior, focusing on the self-interested actions of voters, politicians, and bureaucrats.

Keynesian Economists

Economists who follow the principles of John Maynard Keynes, emphasizing the need for government intervention to manage economic cycles and maintain full employment.

Economics

The social science concerned with how individuals, institutions, and society make optimal (best) choices under conditions of scarcity.