The Trading of Votes to Secure Favorable Outcomes on Decisions

question 220

Multiple Choice

The trading of votes to secure favorable outcomes on decisions that would otherwise be defeated is called

• A) median-voter trading.
• B) the special-interest effect.
• C) political logrolling.
• D) the paradox of voting.

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Definitions:

Machine-Hours

A measure of production time or capacity based on the number of hours machines are in operation.

Unused Capacity

The available production or service capability that is not being utilized by a business.

Predetermined Overhead Rate

A rate calculated before the accounting period begins, used to allocate manufacturing overhead costs to individual jobs or products based on a certain activity base, such as machine hours or labor hours.

Automated Lathe

A machine used in the manufacturing process that is controlled by a computer, improving precision and efficiency in producing parts.