Which of the following statements is true about voting results if preferences are intransitive?
a. The result of voting never reflects majority preferences.
b. It is impossible to predict the outcome when preferences are intransitive.
c. The person who sets the agenda (sequence of votes) may be able to control the outcome.
d. Only a Borda Count yields a unique result when preferences are intransitive.
C
You might also like to view...
Which group below will generally have a more difficult time finding employment if a nation's minimum wage were increased?
A) Those with more work experience B) Those who are among the younger job seekers C) Those who form the majority race in the population D) All of the above.
Resources are used only in the production of goods, not services
a. True b. False
International trade increases world economic efficiency for the same reasons that domestic trade increases national economic efficiency
a. True b. False
If the Federal Reserve wants to increase the availability of money and credit, it can:
a. lower the discount rate. b. raise the reserve requirements. c. sell U.S. government bonds to the public. d. encourage banks to increase their prime lending rate.