Neco Model Questions Vol1 2021 Government Question 8

Practice objective / multiple choice question 8 from the 2021 Neco Model Questions Vol1 Government examination.

Neco Model Questions Vol1 2021 Government Objective / Multiple Choice Hard Difficulty
Question 8 NECO_MODEL_QUESTIONS_VOL1 • 2021 • GOVERNMENT • objective

In the International Monetary Fund (IMF) five member countries have quota shares as follows: A 12 %, B 18 %, C 25 %, D 30 %, E 15 %. A decision requires at least 85 % of the total voting power.\n(a) List all minimal winning coalitions (i.e., coalitions that meet the 85 % threshold and for which the removal of any single member would drop the total below 85 %).\n(b) Using the Banzhaf power index, compute the voting power of each country. Which country (or countries) has the greatest voting power?

Answer Options

A. Minimal winning coalitions: {A,B,D,E} and {B,C,D,E}. Banzhaf indices - A: 1/11, B: 2/11, C: 3/11, D: 4/11, E: 1/11. Countries D has the greatest voting power.
B. Minimal winning coalitions: {A,B,C,E} and {B,C,D,E}. Banzhaf indices - A: 0/11, B: 3/11, C: 3/11, D: 3/11, E: 2/11. Countries B, C and D have the greatest voting power.
C. Minimal winning coalitions: {A,B,C,D} and {A,C,D,E}. Banzhaf indices - A: 2/11, B: 2/11, C: 3/11, D: 3/11, E: 1/11. Countries C and D have the greatest voting power.
Correct Answer D. Minimal winning coalitions: {A,B,C,D} and {B,C,D,E}. Banzhaf indices - A: 1/11, B: 3/11, C: 3/11, D: 3/11, E: 1/11. Countries B, C and D have the greatest voting power.
Correct Answer
D
Correct Option:
Minimal winning coalitions: {A,B,C,D} and {B,C,D,E}. Banzhaf indices - A: 1/11, B: 3/11, C: 3/11, D: 3/11, E: 1/11. Countries B, C and D have the greatest voting power.

About This Question

This is Neco Model Questions Vol1 2021 Government Question 8. It is one of the objective questions from the 2021 Neco Model Questions Vol1 Government examination.

Difficulty level: Hard .

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