Voters Are Making a Choice to Spend Money on Three

Multiple Choice

Voters are making a choice to spend money on three projects: a dam, a school, or a road. In the choice between the dam and the school, the majority favors the school. In a choice between a dam and a road, the
Majority favors a dam. In a choice between a road and a school, the majority favors a road. These rankings
Indicate that majority voting may

A) result in economically efficient outcomes because of rent-seeking behavior.
B) reflect irrational preferences.
C) produce inconsistent choices.
D) lead to consistent choices in spite of irrational community preferences.