Skip to ContentGo to accessibility pageKeyboard shortcuts menu
OpenStax Logo
Principles of Economics 2e

Review Questions

Principles of Economics 2eReview Questions

8.

How does rational ignorance discourage voting?

9.

How can a small special interest group win in a situation of majority voting when the benefits it seeks flow only to a small group?

10.

How can pork-barrel spending occur in a situation of majority voting when it benefits only a small group?

11.

Why do legislators vote for spending projects in districts that are not their own?

12.

Why does a voting cycle make it impossible to decide on a majority-approved choice?

13.

How does a government agency raise revenue differently from a private company, and how does that affect the way government makes decisions compared to business decisions?

Order a print copy

As an Amazon Associate we earn from qualifying purchases.

Citation/Attribution

This book may not be used in the training of large language models or otherwise be ingested into large language models or generative AI offerings without OpenStax's permission.

Want to cite, share, or modify this book? This book uses the Creative Commons Attribution License and you must attribute OpenStax.

Attribution information
  • If you are redistributing all or part of this book in a print format, then you must include on every physical page the following attribution:
    Access for free at https://openstax.org/books/principles-economics-2e/pages/1-introduction
  • If you are redistributing all or part of this book in a digital format, then you must include on every digital page view the following attribution:
    Access for free at https://openstax.org/books/principles-economics-2e/pages/1-introduction
Citation information

© Jun 15, 2022 OpenStax. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution License . The OpenStax name, OpenStax logo, OpenStax book covers, OpenStax CNX name, and OpenStax CNX logo are not subject to the Creative Commons license and may not be reproduced without the prior and express written consent of Rice University.