The theory of public choice: examines why the public rejects so many bond referendums. emphasizes the self-interest of decision makers and voters. examines how a policy of laissez faire works to allocate resources. explains the selfless pursuit of public goals by public servants.

The answer is: emphasizes the self-interest of decision makers and voters.

According to the theory of public choice, the legislation that will be passed by the government will be influenced by the ever ending battle between self-interest of decision makers and voters.

To maintain their position, decision makers have to appeal to both the general voters and the organizations or interest groups that fund their campaign. Often time, both of them do not have aligned interest with one another. This will create a constant conflict between decision makers because they have to choose which side should they please the most.

"choosing is refusing" means individuals face an opportunity cost with each decision they make. economists state that every decision involves trade-offs. opportunity cost is the least desirable alternative given up as a result of a decision.

the secretary of state, appointed by the president with the advice and consent of the senate, is the president's chief foreign affairs adviser. the secretary carries out the president's foreign policies through the state department and the foreign service of the united states.