When the city of Fresno holds a referendum to determine if taxes will be raised to pay for road repairs, the city is using a ________ allocation method

A) majority rule
B) market price
C) contest
D) personal characteristics
E) command

A

Economics

You might also like to view...

One topic of study for a microeconomist would be the

A) causes of inflation. B) causes of a nation's unemployment level. C) effects of a gasoline price increase on consumer behavior. D) effects of an increase in government spending on overall economic activity.

Economics

Monetarists think that the government:

a. should take an active role in the economy. b. should change the money supply growth rate regularly to achieve low inflation. c. should actively intervene in the economy, but only by decreasing the fiscal expenditure. d. should intervene in the economy as little as possible. e. should consciously set out to achieve full employment.

Economics