Explain how affirmative and negative majority votes can sometimes lead to inefficient allocations of resources to public

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Explain how affirmative and negative majority votes can sometimes lead to inefficient allocations of resources to public goods. Is this problem likely to be greater under a benefits-received or under an ability-to-pay tax system? Use the information in Figures 17.1a and 17.1b to show how society might be better off if Adams were allowed to buy votes.
Figure 17.1a.,b Inefficient votingoutcomes.
Explain how affirmative and negative majority votes can sometime
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Economics

ISBN: 978-0073375694

18th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

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