Suppose $1 Billion Is Available in the Budget and Parliament

question 50

Multiple Choice

Suppose $1 billion is available in the budget and Parliament is considering allocating the funds to one of the following three alternatives:
a) subsidies for education
b) research on Alzheimer's
c) increased subsidies for daycare
If voters prefer a to b and b to c, then if preferences are transitive,

• A)they should prefer a to c.
• B)they should prefer c to a.
• C)they should be indifferent between a and c.
• D)it is not always possible to rank voters' preferences between a and c.

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Definitions:

Organizational Objective

A specific goal that an organization aims to achieve, which directs its internal decision-making and strategy.

Change

The process or act of making something different than it was before, involving alteration or transformation in structure, appearance, or behavior.

Raised

In a workplace context, typically refers to an increase, such as in salary, level, or awareness about an issue.

Recognizing Accomplishments

The act of acknowledging and valuing the achievements or successes of individuals or groups.