A) free rider problem
B) collective action problem
C) moral hazard
D) societal well-being problem
Correct Answer
verified
Multiple Choice
A) lead to more diverse views in the policy process.
B) offer a wider variety of platforms among which voters can choose.
C) create unwieldy combinations of policies within one platform.
D) be much less efficient and lead to very few compromises when voting.
Correct Answer
verified
Multiple Choice
A) collective action.
B) corruption.
C) bribery.
D) a moral hazard.
Correct Answer
verified
Multiple Choice
A) transitivity
B) no dictator
C) unanimity
D) independence of irrelevant alternatives
Correct Answer
verified
Multiple Choice
A) A public zoo and public parks
B) Public transportation and a public zoo
C) Public parks and public transportation
D) Any pair, as it will not affect the outcome of the voting.
Correct Answer
verified
Multiple Choice
A) increase your ability to fulfill your civic duty.
B) increase the utility derived from voting.
C) decrease the costs associated with voting.
D) increase the accuracy of the voting process.
Correct Answer
verified
Multiple Choice
A) Bohai
B) Chloe
C) Ana
D) Ana and Bohai
Correct Answer
verified
Multiple Choice
A) congress
B) representative
C) consul
D) dictator
Correct Answer
verified
Multiple Choice
A) drew votes away from Gore, causing him to lose the election.
B) pushed more people to vote for Bush, causing him to win the election.
C) drew votes away from Bush, causing him to lose the election.
D) drew votes away from Bush, causing him to win the election.
Correct Answer
verified
Multiple Choice
A) is the cost of collective action.
B) is the reason why collective action does not occur in the real world.
C) is a concentrated cost to individuals but a diffuse cost to society.
D) leads to corruption and rent-seeking behavior.
Correct Answer
verified
Multiple Choice
A) its costs are mostly indirect and nearly impossible to measure.
B) it is illegal, and therefore hidden.
C) the benefits often go to a small number of people and distort the reality.
D) All of these are true.
Correct Answer
verified
Multiple Choice
A) average voter
B) mid-voter
C) median-voter
D) moderate voter
Correct Answer
verified
Multiple Choice
A) fails to meet one
B) fails to meet two
C) fails to meet all
D) meets all
Correct Answer
verified
Multiple Choice
A) Transitivity
B) Independence of irrelevant alternatives and transitivity
C) No dictator and transitivity
D) No dictator and independence of irrelevant alternatives
Correct Answer
verified
Multiple Choice
A) a way to disenfranchise the poor.
B) a tax that must be paid in order to cast a vote.
C) used to disenfranchise certain groups even when the right to vote exists.
D) All of these are true.
Correct Answer
verified
Multiple Choice
A) oversupplied.
B) undersupplied.
C) in market equilibrium, if left unchecked.
D) in market equilibrium, despite market interference.
Correct Answer
verified
Multiple Choice
A) They prevent officials from holding office for longer than a certain amount of time.
B) They discourage corruption by ensuring that one person isn't allowed to hold onto power for too long.
C) They can encourage corruption by placing an official in power with no incentive to answer to the constituency.
D) They encourage people to run for multiple different political offices.
Correct Answer
verified
Multiple Choice
A) 10
B) 80
C) 45
D) 25
Correct Answer
verified
Multiple Choice
A) complete consensus is needed for legislation to pass.
B) policies can easily be halted, because only one person needs to be bribed to stop them.
C) the government is an easy target for corruption.
D) All of these are true.
Correct Answer
verified
Multiple Choice
A) the drop in the bucket hypothesis
B) rational ignorance
C) moral hazard
D) the free rider problem
Correct Answer
verified
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