In a simple majority vote, the losses to the losers are greater than the gains to the winners. It follows that the
A) outcome of the vote is efficient.
B) outcome of the vote is inefficient.
C) outcome of the vote will be nullified (most likely by the Courts) .
D) vote has generated net benefits.
Correct Answer:
Verified
Q101: Which of the following statements is a
Q106: The median voter model predicts that
A) both
Q113: Simple majority rule can generate inefficient outcomes
Q116: Two candidates, Smith and Jones, are running
Q117: Candidate A says,"Health care is too expensive
Q118: The answer is: "rational ignorance." What is
Q118: Logrolling consists of
A)exchanging votes to gain support
Q119: Ceteris paribus , economics predicts that voter
Q121: Constitutional economists
A)assert that within a given set
Q122: Exhibit 32-4
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