4. A) How will the voters vote for putting a statue in the towns common area using the following data? (1) (2) (3) Dollar benefits Tax levied to individual $575 on individual $300 Individual A В $275 $300 C $260 $300 $250 $300 B) Explain using cost/benefit analysis if this is the best outcome for the town. c) Is majority rules voting actually best for society? Use FACTS to support your answer.

Education provides both private benefits to those who receive it and broader social benefits for the economy as a whole. Think about the types of policies a government can follow to address the issue of positive spillovers in technology and then suggest a parallel set of policies that governments could follow for addressing positive externalities in education.

What is the main factor preventing a large community from influencing policy in the same way as a special interest group?

Explain why the federal government funds national defense.

Why do legislators vote for spending projects in districts that are not their own?

Assume that the marginal private costs of a film producing fuel-efficient can; is greater than the marginal social costs. Assume that the marginal private benefits of a firm producing fuel efficient cars are the same as the marginal social benefits. Discuss one wags.r that the government cans fly to increase production and sales of fuel efficient cars to the socially desirable amount. Hint: the government is flying to affect production through costs, net benefits.

What are some reasons people might find acquiring information about politics and voting rational, in contrast to rational ignorance theory?

What is the difference between private costs and social costs?

How can a small special interest group win in a situation of majority voting when the benefits it seeks flow only to a small group?

What are some possible ways to encourage voter participation and overcome rational ignorance?