Suppose $1 billion is available in the budget and Congress is considering allocating the funds to one of the following three alternatives:
a. subsidies for education
b. research on Alzheimer's
c. increased border security
If voters prefer a to b and b to c, then if preferences are transitive
A) they should prefer a to c.
B) they should prefer c to a.
C) they should be indifferent between a and c.
D) it is not always possible to rank voters' preferences between a and c.
Correct Answer:
Verified
Q1: The median voter theorem states that the
Q4: Table 18-1 Q5: A situation where a member of Congress Q7: Table 18-1 Q8: Which of the following statements about rent Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents