Exam 17: Web: Political Economy

Differentiate between a democracy and a dictatorship.

An e-commerce company offers three alternative modes of payment - payment through credit cards, payment through internet banking, and cash on delivery. The table below shows the preferences of three regular customers of the company. This is an example of the ________.

Which of the following refers to a situation in which two parties competing for office both offer the same policy platform?

The table below shows the preferences of three neighbors regarding the number of security guards they need to guard their locality. -Refer to the table above. Catherine's political bliss point is to employ ________security guards

Mention some of the common forms of political corruption.

Three students share an apartment. They are planning to buy a common television set and have decided to choose one among three different models through voting. Model A is the most expensive, Model B is neither too expensive nor too cheap, and Model C is the least expensive. The table below shows their respective preferences for each model. -Refer to the table above. Jack will reach his political bliss point if ________.

Three students share an apartment. They are planning to buy a common television set and have decided to choose one among three different models through voting. Model A is the most expensive, Model B is neither too expensive nor too cheap, and Model C is the least expensive. The table below shows their respective preferences for each model. -Refer to the table above. This is an example of the ________.

There are three houses on a particular street. The table below shows the preferences of the three households regarding the number of street lights they want to be installed. -Refer to the table above. In this case, ________is the________. .

What were the main findings of Fisman?s study on political corruption in Indonesia?

Mary, June, and Kay are three siblings who have been asked by their parents to decide where they would like to go for their vacation. They have been given three options- a beach that is 100 miles away, a waterfall that is 300 miles away and an old city of historic importance which is 120 miles away. The table below lists the preferences of the three siblings. -Refer to the table above. Kay will reach his political bliss point if ________.

There are three houses on a particular street. The table below shows the preferences of the three households regarding the number of street lights they want to be installed. -Refer to the table above. Household B will reach its political bliss point if ________.

Three students share an apartment. They are planning to buy a common television set and have decided to choose one among three different models through voting. Model A is the most expensive, Model B is neither too expensive nor too cheap, and Model C is the least expensive. The table below shows their respective preferences for each model. -Refer to the table above. Which of the following outcomes is likely to occur according to the median voter theorem?

Johnathan prefers pastas to burgers, and pizzas to pastas. If his preferences are transitive,________.

Three students share an apartment. They are planning to buy a common television set and have decided to choose one among three different models through voting. Model A is the most expensive, Model B is neither too expensive nor too cheap, and Model C is the least expensive. The table below shows their respective preferences for each model. -Refer to the table above. If there is a vote between models A and C ________.

According to Arrow's condition of unanimity in a voting scheme, if there is a vote between two options X and Y, ________.

The table below shows the preferences of three neighbors regarding the number of security guards they need to guard their locality. -Refer to the table above. Bob's political bliss point is to employ ________ security guards.