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DragoxCM16 DragoxCM16
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5 years ago

Question 1.

If the budget allocation for a government agency depends on the last period's spending alone, agency heads have a clear incentive to



▸ spend more money only if it is done efficiently.

▸ spend more money even if it is done inefficiently.

▸ spend less money if that is the most efficient decision.

▸ not increase or decrease spending to keep their budget balanced.

Question 2.

The voting paradox demonstrates how majority-rule voting can lead to contradictory and inconsistent results.



▸ true

▸ false
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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Brittany08196Brittany08196
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5 years ago
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DragoxCM16 Author
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5 years ago
Thank you, thank you, thank you!
mikey3091
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Yesterday
Just got PERFECT on my quiz
Liarec
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2 hours ago
Smart ... Thanks!
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