Macroeconomics: Principles, Problems, & Policies 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0-07766-077-3
ISBN 13: 978-0-07766-077-2

Chapter 5 - Government's Role and Government Failure - Discussion Questions - Page 125: 6

Answer

The answer to this question changes based on the expert that you ask, but what most experts agree upon is politicians will do what will help them promote their policy and/or get them reelected. Thus, longer term projects are less of a priority as their constituents will not be able to see the benefits until after the next election.

Work Step by Step

The answer to this question changes based on the expert that you ask, but what most experts agree upon is politicians will do what will help them promote their policy and/or get them reelected. Thus, longer term projects are less of a priority as their constituents will not be able to see the benefits until after the next election.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.