If All Voters Have Single-Peaked Preferences for a Pure Public

question 7

Multiple Choice

If all voters have single-peaked preferences for a pure public good, then the political equilibrium under majority rule:

• A)cannot be defined.
• B)is the median outcome.
• C)is the median most-preferred outcome of all voter's voting.
• D)will not change if tax shares change.

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Definitions:

External Funding Needs

The amount of money a company needs to raise from outside sources to finance its operations or growth plans.

Negative External Financing

A situation where a company is reducing its external borrowing and financing activities, possibly indicating a shift towards internal funding methods.

External Financing Need

The amount of funding a firm requires from external sources to finance its planned investment or business activities beyond what is generated internally.

Four Factors

Essential elements or aspects considered crucial in evaluating or determining a specific outcome, although the specific factors may vary based on context.