An ideal voting system must not have:
A. a one-dimensional issue being voted on.
B. a person who has the power to single-handedly enact his or her own preferences.
C. a person who can convince everyone to vote for his or her preferences, and not their own.
D. transitivity of preferences
Answer: B
You might also like to view...
When the Fed buys government securities, it:
a. lowers the cost of borrowing from the Fed, encouraging banks to make loans to the general public. b. raises the cost of borrowing from the Fed, discouraging banks from making loans to the general public. c. increases the amount of excess reserves that banks hold, encouraging them to make loans to the general public. d. increases the amount of excess reserves that banks hold, discouraging them from making loans to the general public. e. decreases the amount of excess reserves that banks hold, discouraging them from making loans to the general public.
A firm will shut down permanently if total revenue is not sufficient to pay for total costs in the long run
a. True b. False Indicate whether the statement is true or false