Median Voter Decisions May Not Yield Efficient Allocations of Resources

question 8

Multiple Choice

Median voter decisions may not yield efficient allocations of resources because:

• A)votes are allocated differently than income.
• B)externalities may cause private and social costs to diverge.
• C)free riders will cause too few public goods to be produced.
• D)the median voter may not be the same as the mean voter.

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Definitions:

Fordyce Granules

Small, benign, sebaceous glands visible on the mucosal surfaces, such as the lips and oral cavity.

Streptococcal Infection

An infection caused by Streptococcus bacteria, which can result in a wide range of diseases, from mild sore throats to life-threatening conditions.

Frenulum

A small fold of tissue that secures or restricts the motion of a mobile organ in the body.

Crypts

Small, pit-like depressions or pockets on the surface of the tonsils, which can collect debris and contribute to tonsil infections.