Arrow's Impossibility Theorem States That A

question 6

Multiple Choice

Arrow's impossibility theorem states that a:

• A)unique political equilibrium for a public choice never exists.
• B)unique political equilibrium for a public choice cannot exist under majority rule.
• C)unique political equilibrium can exist if there is majority rule and multi-peaked preferences.
• D)unique political equilibrium for a public good cannot exist under unanimous consent.

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Definitions:

Neurotransmitters

Chemical substances that transmit signals across a synapse from one neuron to another in the nervous system.

MAOIs

Short for Monoamine Oxidase Inhibitors, a class of antidepressant drugs that work by inhibiting the enzyme responsible for breaking down neurotransmitters such as serotonin and norepinephrine.

Restricted Diet

A diet that limits or eliminates certain foods or nutrients, often for medical or health reasons.

High Blood Pressure

A condition in which the force of the blood against the walls of the arteries is consistently too high, leading to health risks.