Scenario 22-1 At Issue in a Particular City Vote Is How Much

question 277

Multiple Choice

Scenario 22-1
At issue in a particular city vote is how much to spend, per person, on road repair next year. Among the 10,000 voters, 1,500 prefer to spend $300 per person, but no more; 2,800 prefer to spend $450 per person, but no more; 3,500 prefer to spend $800 per person, but no more; and 2,200 prefer to spend $1500 per person, but no more.
-Refer to Scenario 22-1.If there is a vote on whether to spend $600 per person or $800 per person,the median voter will vote to spend

• A) $600 per person and the voting outcome will be $600 per person.
• B) $600 per person and the voting outcome will be $800 per person.
• C) $800 per person and the voting outcome will be $600 per person.
• D) $800 per person and the voting outcome will be $800 per person.

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Definitions:

Estimating Labor Surplus

The process of determining when there are more workers available than there are positions for them, often leading to unemployment or underemployment.

Forecasting Labor Supply

Predicting the future availability of workers in the market based on factors such as demographics, education, and employment trends.

Evaluating Outcomes

The process of measuring, assessing, and analyzing the results of a program, policy, or intervention to determine its effectiveness or impact.

Employee Selection

The process of interviewing and evaluating candidates for a specific job and deciding whom to hire.