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Author Question: A majority of federal revenue once came from tariffs. a. True b. ... (Read 64 times)

olgavictoria

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on: Jul 1, 2018
A majority of federal revenue once came from tariffs.
 
  a. True b. False

Question 2

Assuming that the median voter model accurately explains how public sector decision are made, resources will be allocated efficiently if _____.
 
  a. preferences are single-peaked and individuals prefer outcomes closer to their preferred outcome rather than outcomes farther away
  b. rational ignorance and cyclical majorities are not present
  c. resources were already allocated efficiently in the private sector
   d. the median voter's demand is the same fraction of total demand as his tax share is of total taxes


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Benayers

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

d


olgavictoria

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

amcvicar

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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