Voting and other democratic procedures:
I. provide information about an individual's preferences for public goods.
II. result in an efficient allocation of resources.
III. result in the government underproducing public goods, just like the market would.
A) I and II only
B) I and III only
C) III only
D) I only

Question

Quizplus · Accepted Answer

Voting and other democratic procedures provide information about an individual's preferences for public goods, but they do not necessarily result in an efficient allocation of resources or in the government underproducing public goods.

Voting and Other Democratic Procedures