Use the Following Information to Answer the Questions:
Seventeen $\quad$

question 49

Short Answer

Use the following information to answer the Questions:
Seventeen board members vote on four candidates, A, B, C, or D, for a new position on their board. Their preference schedules are shown below. $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text { Number of members }$
$\begin{array} { l c c c } & 7 & 6 & 4 \\\text { First choice } & \mathrm { A } & \mathrm { D } & \mathrm { C } \\\text { Second choice } & \mathrm { B } & \mathrm { A } & \mathrm { B } \\\text { Third choice } & \mathrm { C } & \mathrm { B } & \mathrm { D } \\\text { Fourth choice } & \mathrm { D } & \mathrm { C } & \mathrm { A }\end{array}$
-Using the Hare system according to the preference schedules shown, what happens if candidate A rejects the offer before the ranking?

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Net Taxes

Refers to the total amount of taxes paid by businesses and individuals to the government, minus any refunds, credits, or benefits received, representing the actual tax burden.

Disposable Income

The amount of money a household or individual has available to spend or save after taxes have been deducted.

Government Expenditure

The total amount of money spent by the government on various services and investments.

Discretionary Fiscal Policy

Government policy that involves altering government spending and taxation to influence the economy, based on current economic conditions.