Which of the Following Statements Is False

question 1

Multiple Choice

Which of the following statements is false?

• A) In some instances,simple majority voting leads to a project being undertaken even though the total costs of the project exceed the total benefits.
• B) Simple majority voting fails to take into account the intensity of individuals' preferences.
• C) Public choice economists often explain low voter turnouts in terms of the individual costs and benefits of voting.
• D) If an individual will only vote if he or she feels that his or her vote will make a difference in the election,it is likely that he or she will vote.

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Definitions:

Geometric Average

A type of mean that represents the central tendency or typical value of a set of numbers by using the product of their values.

Value Line Index

An index that represents the performance of approximately 1,700 stocks in the Value Line Arithmetic and Geometric averages.

Equally-Weighted

An equally-weighted index strategy involves assigning each asset in a portfolio or index the same relative weight, contrasting with market-cap-weighted indexes where larger companies carry more weight.

Reward to Volatility

A measure of the return an investment provides relative to its volatility, used in evaluating the performance of an investment's risk.