An ideal voting system will not function if a ________ is present, and has the power to enact his or her own preferences.

A potential benefit that comes from social regulations would be

A) higher costs. B) a cleaner environment. C) higher tax collections. D) more layoffs.

When the government has a deficit, a burden is necessarily imposed on future generations of taxpayers

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