Question 2 Arrow's Impossibility Theorem refers to a. the difficulty of attaining a Lindahl equilibrium b.the idea that

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Question 2 Arrow S Impossibility Theorem Refers To A The Difficulty Of Attaining A Lindahl Equilibrium B The Idea That 1 (58.99 KiB) Viewed 83 times

Question 2 Arrow's Impossibility Theorem refers to a. the difficulty of attaining a Lindahl equilibrium b.the idea that no general voting rule can be devised to consistently maximize the well-being of the citizens. O c. the fact that the outcome of the median voter model cannot possibly be a socially efficient outcome. Od the fact that there are many equivalent ways to aggregate individual preferences into a consistent aggregate decision but the different methods do not yield th