Explain why the equilibrium quantities of government services supplied by a central government under majority rule, with
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Explain why the equilibrium quantities of government services supplied by a central government under majority rule, with all citizens voting, will differ from local political equilibria for the amount of such goods when local elections are also decided by majority rule.
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The difference in equilibrium quantities of government services supplied by a central government under majority rule compared to local political equilibria for the amount of such goods when local elec...View the full answer
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Related Book For 
Public Finance A Contemporary Application Of Theory To Policy
ISBN: 9780538754460
10th Edition
Authors: David N Hyman
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