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    Microeconomics Study Set 45
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    Exam 5: Public Goods, Public Choice, and Government Failure
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    Refer to the Table
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Refer to the Table

Question 249

Question 249

Multiple Choice

  Refer to the table. The outcomes of the three possible sets of paired-choice majority votes illustrate the A) paradox of voting. B) inefficiency of logrolling. C) principal-agent problem. D) benefits of majority rule. Refer to the table. The outcomes of the three possible sets of paired-choice majority votes illustrate the


A) paradox of voting.
B) inefficiency of logrolling.
C) principal-agent problem.
D) benefits of majority rule.

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