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17. Asymmetric Information, Voting, and Public Choice
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17. Asymmetric Information, Voting, and Public Choice
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17. Asymmetric Information, Voting, and Public Choice / Condorcet Voting Paradox / Problem 14
Problem 14
What is a limitation of majority voting in accurately reflecting societal preferences?
A
It always reflects the true preferences of society.
B
It ensures all minority opinions are considered.
C
It can be manipulated to favor certain outcomes.
D
It simplifies the decision-making process.
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