A) the higher the costs and lower the benefits per person.
B) the lower the costs and benefits per person.
C) the lower the costs and higher the benefits per person.
D) the higher the costs and benefits per person.
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) All of these are conditions that must exist.
Correct Answer
verified
Multiple Choice
A) a group of people stand to gain from an action that is not rational for any of the members to undertake individually.
B) people are often reluctant to voluntarily pay for goods and services that provide benefits for everyone,even for those who don't pay.
C) people are reluctant to voluntarily pay for goods and services because they believe their individual contribution will not make a difference.
D) a small group of individuals gains power that sways the decisions of society to their personal gain at the expense of the larger society.
Correct Answer
verified
Multiple Choice
A) complete consensus;often chaos and corruption
B) majority rule;complete consensus
C) efficiency;inefficiency
D) efficiency;efficiency
Correct Answer
verified
Multiple Choice
A) lower for large groups.
B) higher for large groups.
C) lower for small groups.
D) Success does not depend on the size of the group.
Correct Answer
verified
Multiple Choice
A) one person cannot have the power to enact his or her own preferences.
B) those in power must be forced to listen to the will of the people when enacting policy.
C) the presence of pure democracy is needed,so everyone gets a vote.
D) None of these is true.
Correct Answer
verified
Multiple Choice
A) first-past-the-post voting.
B) instant runoff voting.
C) pair-wise majority voting.
D) approval voting.
Correct Answer
verified
Multiple Choice
A) the one more likely to get its way.
B) the one less likely to get its way.
C) as successful as a larger group with smaller benefits per person,but typically not more.
D) Success does not depend on the size and benefits per person of the group.
Correct Answer
verified
Multiple Choice
A) Transitivity
B) No dictator
C) Independence of irrelevant alternatives
D) Unanimity
Correct Answer
verified
Multiple Choice
A) dictator
B) bully
C) representative
D) consul
Correct Answer
verified
Multiple Choice
A) undersupplied.
B) oversupplied.
C) in market equilibrium,if left unchecked.
D) in market equilibrium,despite market interference.
Correct Answer
verified
Multiple Choice
A) Kenneth Arrow
B) Gary Becker
C) Dean Karlan
D) Jonathan Morduch
Correct Answer
verified
Multiple Choice
A) the way in which votes are cast becomes important.
B) the policies preferred by the average voter becomes more important.
C) the politicians stay more extreme in their views.
D) All of these are true.
Correct Answer
verified
Multiple Choice
A) waste and inefficiency.
B) waste,but is efficient.
C) inefficiencies,but not waste.
D) efficiency without waste.
Correct Answer
verified
Multiple Choice
A) public transportation spending could beat zoo funding.
B) zoo funding could beat public transportation.
C) public parks could beat transportation spending.
D) zoo funding could beat public parks.
Correct Answer
verified
Multiple Choice
A) decrease the costs associated with voting.
B) increase your ability to fulfill your civic duty.
C) increase utility derived from voting.
D) Mail-in ballots address all of these.
Correct Answer
verified
Multiple Choice
A) transitive;not transitive
B) not transitive;not transitive
C) transitive;transitive
D) not transitive;transitive
Correct Answer
verified
Multiple Choice
A) pair-wise majority voting.
B) first-past-the-post voting.
C) approval voting.
D) run-off elections.
Correct Answer
verified
Multiple Choice
A) rent-seeking behavior.
B) objective cost-benefit analysis.
C) rational ignorance.
D) None of these is true.
Correct Answer
verified
Multiple Choice
A) Bureaucratic capture
B) Collective action
C) Governmental lobbying
D) Rent-seeking
Correct Answer
verified
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