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true/false

true false questions govt review

statementtrue or false
A pareto optimal outcome is always one of the fair outcomes for the group false
A pareto optimal outcome is a situation where no one is hurt and at least someone is helped true
A pareto optimal outcome is one of the outcomes where, for the group: total cost=total benefit false
Transitivity is needed to secure the meaning of 'rational individuals choose what is better' true
Transitivity is needed to secure the meaning to 'rational individuals reject what is worse' true
Transitivity is needed to define public goods false
For individuals to maximize their individual welfare, at the level they must buy where total benefit and total cost lines must cross false
For individuals to maximize their individual welfare, at the level they must buy where total cost and marginal cost lines must cross false
For individuals to maximize their individual welfare, at the level they must buy where marginal cost and net benefit lines must cross false
For individuals to maximize their individual welfare, at the level they must buy where marginal benefit and marginal cost lines must cross true
For individuals to maximize their individual welfare, at the level they must buy where total benefit and total cost lines must be parallel true
For individuals to maximize their individual welfare, at the level they must buy where the vertical distance between total cost and toal benefit must be maximized true
For individuals to maximize their individual welfare, at the level they must buy where marginal benefit and marginal cost must be parallel false
For individuals to maximize their individual welfare, at the level they must buy where total cost and marginal cost must be parallel false
For individuals to maximize their individual welfare, at the level they must buy where marginal cost and net benefit must be parallel false?
The expected value of an item is the sum of the probabilities of getting an item times the value of the outcome false ?
The expected value of an item is yet another way of defining the basis of rational choice true
The expected value of an item is a way of calculating what is ones best choice true
prisoner dilemma games are games where the predicted outcome from individuals choices is suboptimal true
prisoner dilemma games are games with no more than two persons false
prisoner dilemma games are games with dominant strategies true
Individual optimality can result when the lines for total benefits and total costs has equal slopes false
Individual optimality can result when the lines for total benefits and total costs cross false
Individual optimality can result when the lines for total benefits and total costs are a maximum distance apart true
Individual optimality results when total costs are minimized true
Individual optimality results when total benefits are maximized true
The iron law of oligarchy is that all political leaders are self interested true
The iron law of oligarchy is that one can never overcome the oppresion of the oligarchs false
The iron law of oligarchy is that a law defined by oligarchs will never represent the interests of the masses false
The iron law of oligarchy is that any effort at maintaining a democratic organization will tend to end up with all the power in the hands of a few false ?
Public goods are good which are always supplied by the government false
Public goods are good which are usually not available in the market true
Public goods are good which are suboptimally supplied in unorganized groups true
Public goods are good which are often require independent incentives to get resources allocated toward their supply true
probability is always a number between one and ten false
probability has a specific and definable relationship to "odds" true
Net benefit is represented by the difference in the vertical heights of the marginal and total cost benefit curves true
Net benefit is represented by the difference in the vertical heights of the total cost and total benefit curves false
When plunkitt used the phrase 'honest graft' he refered to raising campaign funds by philadelphia republicans false
When plunkitt used the phrase 'honest graft' he refered to lobbbying a congressman in washington false?
When plunkitt used the phrase 'honest graft' he refered to seeing your opportunities and taking them true
morning glories is a phrase used by michales to represent the beautiful people in the us false
morning glories is a phrase used by michaels to represent the flower children in the us false
morning glories is a phrase used derisively to refer to the weakness of reform groups true
morning glories is a phrase used flatteringly to refere to the strengths of reform groups false
Created by: talibear