In his 1951 book Social Choice and Individual Values, Arrow's perfect voting system satisfies all of the following properties except

Which of the following statements concerning external sources of financing for nonfinancial businesses in the United States are TRUE?

A) Stocks are a far more important source of finance than are bonds. B) Stocks and bonds, combined, supply less than one-half of the external funds. C) Financial intermediaries are the least important source of external funds for businesses. D) Since 1970, more than half of the new issues of stock have been sold to American households.

Typically, labor unions favor trade restrictions because a. the quality of imported goods that workers buy are poor. b. the lower prices of the imported goods results in a decrease in the demand for domestic goods and the labor that produces them

c. foreign workers would have to be paid the same wage as domestic workers. d. it means more revenue for the government. e. the restrictions lower the prices of the imported goods that workers buy.