(Consider This) Which of the Following Is an Example of Voter

question 51

Multiple Choice

(Consider This) Which of the following is an example of voter failure?

• A) Voters support adding stoplights that would increase congestion and travel costs without increasing safety or convenience.
• B) Government officials ignore voter calls for regulations that would reduce negative externalities and enhance efficiency.
• C) Voters wanting greater highway safety are unable to express their preferences on how to achieve it because the voting system doesn't allow it.
• D) Voters wanting more government services are divided on what services they most prefer, leaving government officials to determine what is best.

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Definitions:

Recession

A period of economic decline across the market, often recognized by a decrease in GDP for two consecutive quarters.

Regulatory Capture

A situation where regulatory agencies are dominated by the industries they are charged with regulating, often leading to decisions that benefit the industry rather than the public interest.

Industry Being Regulated

Refers to sectors or industries that are subject to governmental oversight and control to ensure safety, fairness, and compliance with laws.

Excessive Regulations

Refers to a situation where government rules and regulations become overly burdensome, often hindering business operations and innovation.