In economics, activities done for others, such as providing house cleaning or dental work, are referred to as

Which of the following statements is true about voting results if preferences are intransitive?

a. The result of voting never reflects majority preferences. b. It is impossible to predict the outcome when preferences are intransitive. c. The person who sets the agenda (sequence of votes) may be able to control the outcome. d. Only a Borda Count yields a unique result when preferences are intransitive.

Individual income taxes and social insurance taxes generate the highest tax revenue for the federal government

a. True b. False Indicate whether the statement is true or false