Which of the following is a consequence of the voting paradox?
A) A majority of voters elect a candidate that does not represent the preferences of the voter who is in the political middle.
B) Politicians support small groups of individuals and firms that benefit from special interest legislation, rather than a much larger group of voters who pay the cost for this legislation.
C) Individuals and firms who benefit from government actions engage in rent seeking.
D) The collective preferences of voters are not transitive and voting outcomes are inconsistent.
Correct Answer:
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