MCQOPTIONS
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| 1. |
Which of the following is true under pairwise majority rule if people vote for the outcome closest to their most preferred outcome ? |
| A. | The average preferred outcome wins |
| B. | There is no clear winner due to Arrow’s Impossibility Theorem. |
| C. | The outcome preferred by the median voter wins |
| D. | The outcome preferred by the greatest number of voters wins. |
| Answer» D. The outcome preferred by the greatest number of voters wins. | |