Answer the following statement(s) true (T) or false (F)
1. It’s possible to avoid the potential for group intransitivity that arises in majority rule round-robin tournaments by imposing an agenda.
2. The chaos theorem shows that it is, at the very least, difficult to interpret the outcome of any group decision-making process as necessarily reflecting the will of the group.
3. Most people associate democracy with majority rule.
4. It should be clear by now that the most basic implication of Arrow’s theorem is this: there’s no perfect set of decision-making institutions.
1. True
2. False
3. True
4. True
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Super PACs cannot a. send mailings in support of a candidate or issue television commercials. b. engage in independent campaign activities. c. coordinate with candidates
d. make donations to candidates.
In the run-up to the crisis, a belief in unending prosperity and a herd mentality fostered excessive risk taking called______________________________
Fill in the blank with correct word
The Catholic Church was disadvantaged by the French Revolution, which resulted in the clerical–anticlerical split that can still be found in French political culture
Indicate whether this statement is true or false.
Which of the following bonds is issued to fund the construction of a facility to be used by a private firm?
a. General-obligation bond b. Revenue bond c. Industrial development bond d. Excise bond