If all voters have single-peaked preferences for a pure public good, then the political equilibrium under majority rule:
A) cannot be defined.
B) is the median outcome.
C) is the median most-preferred outcome of all voter's voting.
D) will not change if tax shares change.
Correct Answer:
Verified
Q22: Suppose tax shares are evenly distributed for
Q23: The plurality rule is a:
A)collective bargaining rule.
B)rule
Q24: If bureaucrats seek to maximize the size
Q25: A public choice is:
A)free of any political
Q26: A voter's most-preferred political outcome will be
Q28: Currently eight security guards patrol a condominium
Q29: The demand curve for a pure public
Q30: Voter A will normally vote in favor
Q31: Arrow's impossibility theorem states that a:
A)unique political
Q32: Which of the following collective choice rules
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