Microeconomics
Microeconomics
13th Edition
ISBN: 9781337617406
Author: Roger A. Arnold
Publisher: Cengage Learning
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Chapter 18.4, Problem 2ST
To determine

Tax and outcome of a vote.

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Please no written by hand "No voting system is perfect." What does it mean by economist K. Arrow? Give a brief account on Condorcet Voting Paradox. A public school district is voting on the school budget and the resulting student-teacher ratio. A poll finds that 20 percent of the voters want a ratio of 9:1, 25 percent want a ratio of 10:1, 15 percent want a ratio of 11:1, and 40 percent want a ratio of 12:1. What outcome would you expect the district to
In 2012, only about two-thirds of New Mexico's eligible voters showed up to vote. Should this be considered a problem for New Mexicans or not. Give two reasons to support your argument.
Which of the following statements is false?   a. Public choice economists often explain low voter turnouts in terms of the individual costs and benefits of voting.   b. In some instances, simple majority voting leads to a project being undertaken even though the total costs of the project exceed the total benefits.   c. If an individual will only vote if he or she feels that his or her vote will make a difference in the election, it is likely that he or she will vote.   d. Simple majority voting fails to take into account the intensity of individuals' preferences.
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