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Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016 Exercise 4
Provide a numerical example which shows that simplemajority voting may be consistent with efficiency. Next, provide a numerical example which shows that simplemajority voting may be inconsistent with efficiency.
Explanation
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VOTING AND EFFICIENCY
If we assume that...
Macroeconomics 10th Edition by Roger Arnold
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