A) Libraries and safety
B) Education and libraries
C) Education and safety
D) Any combination will make Sabrina happy.
Correct Answer
verified
Multiple Choice
A) rational ignorance.
B) moral hazard.
C) free riding.
D) rent-seeking.
Correct Answer
verified
Multiple Choice
A) meets all
B) fails one
C) fails two
D) fails all
Correct Answer
verified
Multiple Choice
A) a series of votes with two options; the winner of the first vote is paired with another option until all options have been voted on in pairs and there is one winner.
B) voters ranking all available options, and the most approved of option wins.
C) one vote with many options, and the option with the most votes wins.
D) one vote with many options, and the option that gets to at least 51 percent wins.
Correct Answer
verified
Multiple Choice
A) 0.001
B) 0.10
C) 0.01
D) 99.999
Correct Answer
verified
Multiple Choice
A) objective cost-benefit analysis.
B) rent-seeking behavior.
C) rational ignorance.
D) corruption.
Correct Answer
verified
Multiple Choice
A) valuable goods and services are oversupplied.
B) valuable goods and services are undersupplied.
C) goods and services not valued by the society will be oversupplied.
D) valuable goods and services are under demanded.
Correct Answer
verified
Multiple Choice
A) The preferences of each member are transitive.
B) The collective preferences of the group are transitive.
C) The outcome of the vote will not change regardless of the voting method used.
D) The most efficient outcome for the group will occur if pairwise majority voting is used.
Correct Answer
verified
Multiple Choice
A) order in which voters cast their votes
B) order in which the votes get tallied
C) power to set the agenda for votes
D) ability to express how much one option is preferred over others
Correct Answer
verified
Multiple Choice
A) irrational voting.
B) trigger mechanisms.
C) rational ignorance.
D) instinct theorem.
Correct Answer
verified
Multiple Choice
A) There is a single one-dimensional policy question.
B) Candidates win by majority vote.
C) There are only two candidates.
D) The policy being voted on must be uncontroversial.
Correct Answer
verified
Multiple Choice
A) average voter in their party; average of all voters
B) majority of voters in their party; majority of all voters
C) median voter in their party; median of all voters
D) voters in their party; voters in the opposing party
Correct Answer
verified
Multiple Choice
A) transitivity
B) no dictator
C) unanimity
D) independence of irrelevant alternatives
Correct Answer
verified
Multiple Choice
A) Independence of irrelevant alternatives
B) Transitivity
C) No dictator
D) Unanimity
Correct Answer
verified
Multiple Choice
A) Public transportation
B) Public parks
C) A public zoo
D) Public parks and a public zoo
Correct Answer
verified
Multiple Choice
A) majority options problem.
B) third-party problem.
C) swing vote problem.
D) misalignment problem.
Correct Answer
verified
Multiple Choice
A) small; very competitive
B) large; very competitive
C) small; not very competitive
D) large; not very competitive
Correct Answer
verified
Multiple Choice
A) If the median in the group prefers option X to option Y, then X beats Y.
B) If the majority of the group prefers option X to option Y, then X beats Y.
C) If everyone in the group prefers option X to option Y, then X beats Y.
D) Even if no one in the group prefers option X to option Y, it is still possible for X to beat Y.
Correct Answer
verified
Multiple Choice
A) median voter.
B) youngest voters.
C) average voter.
D) majority of voters.
Correct Answer
verified
Multiple Choice
A) No dictator
B) Transitivity
C) Independence of irrelevant alternatives
D) Unanimity
Correct Answer
verified
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