Voters Are Making a Choice to Spend Money on Three

question 201

Multiple Choice

Voters are making a choice to spend money on three projects: a dam, a school, or a road. In the choice between the dam and the school, the majority favors the school. In a choice between a dam and a road, the majority favors a dam. In a choice between a road and a school, the majority favors a road. These rankings indicate that majority voting may

• A)result in economically efficient outcomes because of rent-seeking behavior.
• B)reflect irrational preferences.
• C)produce inconsistent choices.
• D)lead to consistent choices in spite of irrational community preferences.

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Definitions:

Conflicting Feelings

Emotional experiences that are at odds with each other, often causing confusion or distress.

Characteristic Pattern

A consistent and observable behavior or feature repeated in a similar way across different contexts or situations.

Personality

The blend of features that constitute a person's individual identity.

Reality Principle

The reality principle is a psychoanalytic concept that describes the ego's role in mediating between the desires of the id and the constraints of the external world.