hich of the following is not a property required of a perfect voting system ?

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Which of the following is an example of a signal that is used to reveal private information ?

A. Enzo carefully chooses a special gift for Josephine B. Josephine earns her MBA from the Harvard Business School C. Lexus advertises its cars during the football World Cup Final. D. All of these answers are correct...

Which of the following is not a method firms use to avoid the moral hazard problem in the employment relationship ?

A. They pay employees with delayed compensation such as a year-end bonus B. They buy life insurance on their workers C. They pay above equilibrium wages D. They put hidden video cameras in the workplace...

A life insurance company forces Enzo to have a medical examination prior to selling him insurance ?

A. transitivity B. impossibility C. independence D. unanimity...

Suppose that 40 percent of the voting population wish to spent Rs1,000 for artwork in City Hall, 25 percent wish to spent Rs20,000 and 35 percent wish to spend Rs 22,000 What is the median preferred outcome, the average preferred outcome and the modal preferred outcome ?

A. Rs20,000; Rs20,000; Rs22,000 B. Rs1,000; Rs14,333; Rs1,000 C. Rs20,000; Rs13,100; Rs1,000 D. Rs1,000; Rs20,000; Rs22,000...

Which of the following is not true about how people make decisions ?

A. people give too much weight to a small number of vivid observations B. People are sometimes too sure of their own abilities C. All of these answers are actually true statements about how people make decisions. D. People are always rational maximizers E. People are reluctant to change their minds in the face of … Which of the following is not true about how people make decisions ?Read More...