Multiple Choice
Suppose $1 billion is available in the budget and Congress is considering allocating the funds to one of the following three alternatives:
a. subsidies for education
b. research on Alzheimer's
c. increased border security
If voters prefer a to b and b to c, then if preferences are transitive
A) they should prefer a to c.
B) they should prefer c to a.
C) they should be indifferent between a and c.
D) it is not always possible to rank voters' preferences between a and c.
Correct Answer:

Verified
Correct Answer:
Verified
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