Voters are making a choice to spend money on three projects: a dam, a school, or a road. In the choice between the dam and the school, the majority favors the school. In a choice between a dam and a road, the majority favors a dam. In a choice between a road and a school, the majority favors a road. These rankings indicate that majority voting may: a. Result in economically efficient outcomes because of rent-seeking behavior
b. Reflect irrational preferences
c. Produce inconsistent choices
d. Lead to consistent choices in spite of irrational community preferences

c. Produce inconsistent choices

Explanation:

We can try to understand this in a mathematical way. If A is higher than B, and B is higher than C, then A should be higher than C. In other words, the school should have higher preference than the dam, and the dam has higher preference than the road, then the school should have higher preference than the road.

Since this is not the result here, we must conclude that the choices are inconsistent.

answerstakeholders;

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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