In a Majority-Rules Democracy, Economic Thinking Suggests That We Should

Multiple Choice

In a majority-rules democracy, economic thinking suggests that we should expect to see institutions and policies that

A) are short-sighted.
B) take the long view, sacrificing current benefits to get larger future benefits.
C) benefit the common citizen at the expense of narrow special interest groups which, after all, have fewer voters.
D) are biased against income transfer programs, regardless of constitutional limits.