Which of the Following Is NOT a Public Choice Axiom

question 6

Multiple Choice

Which of the following is NOT a public choice axiom?

• A) Public choice decisions promote the welfare of society.
• B) Individual societal member's welfare levels are the building blocks for societal welfare.
• C) Effects upon individual welfare yield affects upon societal welfare.
• D) An individual judgment of appropriate welfare indicators should not be accepted.
• E) Aggregation of unambiguous individual welfare is necessary for the comparison of societal welfare with policy outcomes.

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Definitions:

International

Relating to, involving, or encompassing several countries or spanning across national boundaries.

Specified Amount

A precise sum or quantity that has been determined and stated in a contract or agreement.

Negotiable

Negotiable refers to something that can be discussed and changed through negotiation, especially in the context of financial instruments that can be transferred or endorsed to a new owner.

Signature

A person's name written in a distinctive way as a form of identification in authorizing a document.