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Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016 Exercise 12
Look back at Exhibit 2. Suppose that the net benefits and net costs for each person are known a week before election day and that it is legal to buy and sell votes. Furthermore, suppose that neither buying nor selling votes has any conscience cost (i.e., one does not feel guilty buying or selling votes). Would the outcome of the election be the same? Explain your answer.
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The example of simple majority voting gi...
Macroeconomics 10th Edition by Roger Arnold
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