c29sendout - 1. An economic analysis of the relationship...

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1. An economic analysis of the relationship between proposed legislation affecting major employers in each state and the voting patterns of Senators and representatives in Congress on that legislation would fit within the subcategory of economics called: A) the economics of fiscal policy. B) public choice theory. C) behavioral economics. D) monetarism. 2. Answer the next question on the basis of this table showing the marginal benefit that a particular public project will provide to each of the three members of a community. No vote trading is allowed. If the tax cost of this proposed project is $600 per person, a majority vote will: V o t e r M a r g i n a l b e n e f i t X a v i e r $ 5 0 0 Y o h o 2 0 0 Z e s t 2 0 0 0 A) defeat this project and resources will be underallocated to it. B) defeat this project and resources will be allocated efficiently. C) pass this project and resources will be overallocated to it. D) defeat this project and resources will be overallocated to it. 3. Answer the next question on the basis of this table showing the marginal benefit a particular public project will provide to each of the three members of a community. No vote trading is allowed. If the tax cost of this proposed project is $600 per person, a majority vote will: V o t e r M a r g i n a l b e n e f i t X a v i e r $ 8 0 0 Y o h o 8 0 0 Z e s t 1 0 0 A) defeat this project and resources will be underallocated to it. B)
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c29sendout - 1. An economic analysis of the relationship...

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