Arrow's impossibility theorem illustrates the difficulties in creating the perfect voting system
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Sam decides to buy a $75 ticket to a particular New York professional hockey game rather than a $50 ticket for a particular Broadway play. We can conclude that Sam:
A) is relatively unappreciative of the arts. B) obtains more marginal utility from the play than from the hockey game. C) has a higher "marginal utility to price ratio" for the hockey game than for the play. D) has recently attended several other Broadway plays.
Economics
Based on the above table, the labor force participation rate is
A) 71.4 percent. B) 82 percent. C) 53.6 percent. D) 75 percent. E) 64.3 percent.
Economics