Refer to Table 18-1. Suppose a series of votes are taken in which each pair of alternatives is considered in turn. If the vote is between allocating funds to education subsidies and increased border security
A) Jasmine and Ivy vote for increased border security, Rose votes for education subsidies, and increased border security wins.
B) Ivy and Jasmine vote for education subsidies, Rose votes for increased border security, and education subsidies wins.
C) Jasmine and Rose vote for education subsidies, Rose votes for increased border security, and education subsidies wins.
D) Ivy and Rose vote for increased border security, Jasmine votes for education subsidies, and increased border security wins.
A
You might also like to view...
The foreign exchange market is the market on which the ________ of various nations are traded for one another.
A. currencies B. goods and services C. international financial securities D. stocks and bonds
If it is employing the rule of reason when considering an antitrust case, the court
a. considers why the offending practice was adopted and its effect on competition b. does not consider why the offending practice was adopted or its effect on competition c. ignores the economic rationale for the offending practice and its consequences d. needs only determine that the offending practice took place e. considers only whether the firm has market power, not whether it used that power unreasonably
Evidence indicates that the average economic profits of invention are
a. well above zero. b. slightly above zero. c. equal to zero. d. less than zero.
The purchase of a new house is included in government spending
a. True b. False Indicate whether the statement is true or false