Examlex

Solved

Suppose Everyone in a Town Prefers Spending on Improved Public

question 38

Multiple Choice

Suppose everyone in a town prefers spending on improved public transportation systems instead of public parks,and prefers spending on public parks instead of building a public zoo.A voting system that would ensure that zoo funding would never beat spending on transportation would demonstrate which criteria for an ideal voting system?


Definitions:

Rate of Return

The positive or negative change in an investment's worth, calculated as a percentage of its original cost.

Correlation Coefficient

A numerical measure of the linear correlation between two variables, ranging from -1 to 1.

Riskless Portfolio

A theorized portfolio of investments that has a guaranteed return, with no risk of financial loss.

Risky Stocks

Shares in companies with high volatility and potential for substantial gains or losses.

Related Questions