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Determine whether the following statements about political economy and public choice are true or false: Democracies typically have a worse record of supporting markets, property
Determine whether the following statements about political economy and public choice are true or false: Democracies typically have a worse record of supporting markets, property rights, and the rule of law compared to non-democracies. -- [ Select ] Special interest groups often oppose policies like the sugar quota because the costs are concentrated on a few producers. -- [ Select ] The median voter theorem fails to apply if voters have multiple issues of concern that cannot be aligned on a single left-right spectrum. -- [ Select ] The likelihood of a voter's single vote determining the outcome of a presidential election is typically much less than 1%. -- [ Select ] Policies that are highly visible and have a major effect on the lives of millions of Americans are often influenced by voter opinion groups rather than special interest groups. -- [ Select ] Voter myopia implies that voters focus predominantly on near-term economic conditions when voting. [ Select ]
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