The Simple Majority Decision Rule May Generate Results That Are

question 37

Multiple Choice

The simple majority decision rule may generate results that are

• A) efficient,because the projects undertaken are the ones desired by more than 50 percent of the people.
• B) efficient,because projects are undertaken only if total benefits exceed total costs.
• C) efficient,because the intensity of individuals' preferences are considered.
• D) inefficient when the total benefits of projects undertaken are less than the total costs.
• E) inefficient when the intensity of individuals' preferences are considered.

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Definitions:

Spirituality

A broad concept involving a sense of connection to something bigger than oneself, often involving search for meaning in life and may or may not be related to religion.

Concepts

Abstract ideas or general notions that exist in the mind as representations of things, qualities, or relations.

Gender

The cultural elaborations and meanings assigned to the biological differentiation between the sexes.

Mahayana Buddhists

Followers of the Mahayana branch of Buddhism, emphasizing the pursuit of enlightenment for the sake of all beings.