From an economic point of view, the idea of establishing a ...

[audragclark]

From an economic point of view, the idea of establishing a government to further the will of the majority _____.
 
  a. means that marginal political costs and marginal political benefits are being equalized
  b. makes sense because the majority could exploit the minority
  c. does not make any sense because the majority could exploit the minority
   d. would lead to a large transitional gains trap

Question 2

Since there are many special interests lobbying in favor of different tax changes but no special interests lobbying in favor of the public interest, this suggests that tax code changes will _____.
 
  a. lead towards more regressive taxation
  b. will favor special interests
  c. not be in the direction of efficiency
   d. b and c

[mammy1697]

Answer to Question 1

c

Answer to Question 2

d

[audragclark]

TYSM

[jackie]

Excellent