Majority Voting on Whether or Not a Public Good Should

question 36

True/False

Majority voting on whether or not a public good should be produced could lead to a result where a public good whose costs are bigger than the benefits would end up getting approved by the voters.

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Definitions:

Making Good Decisions

The process of choosing the best option from a set of alternatives based on rational analysis and judgment.

Displaying Diplomas

The act of publicly presenting educational credentials or achievements, often to convey credibility or qualifications.

Operating Information

Essential data and insights concerning the day-to-day functioning and performance of a business or system.

Covering Up

The act of hiding errors, faults, or misconduct, usually to avoid criticism or consequences, not recommended in ethical leadership practices.