Question 1

Three persons,A,B,and C,will use a simple majority vote to determine whether some good will be purchased.Each person's "tax share" of the purchase price of the good will be $25.Person A receives $30 worth of benefits from the good,person B receives $26 worth of benefits from the good,and person C receives $2 worth of benefits from the good.It follows that __________ person(s)will vote for the good,__________ person(s)will vote against it,and that the outcome is __________.

Accepted Answer

The answer of Three persons,A,B,and C,will use a simple majority...

Question 2

When it comes to voting in a presidential election,we would expect,ceteris paribus,

Accepted Answer

A) Bad weather can deter people from going out to vote, leading to a lower voter turnout. C) Rational ignorance refers to the decision not to become informed about politics because the cost of being informed is higher than the potential benefit that the information might provide, which can lead many to not vote.

Question 3

Often,candidates running for political office will speak in general terms instead of specific terms because voters agree more on __________ than __________.

Accepted Answer

Candidates running for political office often speak in general terms because voters generally have similar goals or "ends" in mind, such as improving the economy or creating more jobs, but may have different ideas on how to achieve those goals, or "means". By speaking in general terms, candidates can appeal to a wider range of voters who may have varying opinions on specific policies or action plans.

Question 4

In the median voter model,we assume that

Accepted Answer

The median voter model assumes that voters will vote for the candidate who comes closer to matching their views. This is based on the assumption that the median voter represents the preferences of the majority of voters, and that candidates will try to appeal to this median voter to gain their support. Therefore, the candidate who is closest to the median voter ideologically is more likely to win the election.

Question 5

Ceteris paribus,economics predicts that voter turnout will be higher

Accepted Answer

Ceteris paribus, or all other things being equal, economics predicts that voter turnout will be higher when the number of eligible voters is smaller because each vote has a relatively greater impact on the outcome, and when it is easier to get to the polls on election day, as lower costs (in terms of time, effort, etc.) increase participation.

Question 6

Public choice deals with

Accepted Answer

Public choice is a branch of economics that deals with the study of decision-making processes and the behavior of individuals and groups in the public sector, such as government officials, politicians, and voters. It analyzes how these individuals and groups interact, negotiate, and make decisions that affect the allocation of resources and public policies. Therefore, public choice deals with public-sector decision making.

Question 7

One implication of the median voter model is that candidates running for political office take polls because

Accepted Answer

According to the median voter model, candidates running for political office seek to position themselves at the ideological center of the electorate in order to appeal to the largest number of voters. Polls can help candidates determine the preferences of the median voter and adjust their positions accordingly. Therefore, candidates take polls to determine if they should maintain their current positions or modify them to align with the preferences of the electorate.

Question 8

A public choice theorist believes that

Accepted Answer

Public choice theory, in essence, applies the principles of economics to political science, suggesting that actors in the public sector (e.g., politicians, government officials) are motivated by similar self-interests as those in the private sector, rather than being fundamentally different or inherently better. It does not inherently assume government workers are lazy or that high fixed costs uniquely influence their behavior.

Question 9

Two candidates,Smith and Jones,are running for the same political office.Last night they were in a debate.It is generally accepted that Smith is perceived more to the left after the debate than before the debate.This is bad news for Jones if before the debate Smith was perceived

Accepted Answer

The answer of Two candidates,Smith and Jones,are running for the...

Question 10

A person will become informed on a political issue if

Accepted Answer

A person will become informed on a political issue if he perceives the benefits of becoming informed as greater than the costs of becoming informed. The other options may increase exposure to the issue, but do not necessarily lead to becoming informed about it.

Question 11

In a simple majority vote,the losses to the losers are greater than the gains to the winners.It follows that the

Accepted Answer

In a simple majority vote, the minority group may face greater losses than the majority group gains. This means that the outcome may not be socially efficient as it does not maximize the overall welfare of all individuals in the society. Therefore, the best choice would be B, the outcome of the vote is inefficient.

Question 12

Why would a candidate for political office speak in general instead of specific terms?

Accepted Answer

By speaking in general terms, the candidate can avoid being labeled as extreme or controversial, which could negatively impact their campaign. They may also want to appeal to a wider range of voters who may not have the same specific concerns or priorities.

Question 13

Public choice theorists say that the greater the number of potential voters in an election,the __________ the perceived benefits of voting held by each voter,and so the __________ the likely percentage turnout of voters.

Accepted Answer

Public choice theorists argue that as the number of potential voters increases, the perceived impact or benefit of any single vote diminishes, leading individuals to perceive voting as less beneficial. This decreased perceived benefit, in turn, is likely to reduce the percentage of voters who decide to turn out, hence the correct answer is "smaller; lower."

Question 14

According to the median voter model,a candidate (in a two-person race)is more likely to label himself or herself a "middle-of-the-roader" than a conservative or liberal because

Accepted Answer

The median voter model suggests that in a two-person race, a candidate will try to position themselves closer to the center of the political spectrum than their opponent in order to appeal to the "median voter" who is seen as holding moderate views. This is because voters who are closer to the center are more likely to swing the election in their favor, rather than those who are on the extremes of the political spectrum. Therefore, candidates are more likely to label themselves as "middle-of-the-roaders" rather than as conservative or liberal.

Question 15

Simple majority rule can generate inefficient outcomes because

Accepted Answer

Simple majority rule only counts the number of votes in favor of a certain option and does not take into account the intensity of voters' preferences. This means that an option that is greatly preferred by a few voters but slightly disliked by many can still win, even though it may not be the option that would make the most people happy.

Question 16

One implication of the median voter model is that a candidate is likely to label himself __________ and his or her opponent as __________.

Accepted Answer

The median voter model suggests that candidates will try to appeal to the median voter, who is typically a moderate voter. Therefore, a candidate is likely to label himself or herself as a moderate in order to appeal to this voter. In order to differentiate themselves and appeal to their base, they may label their opponent as too far to the right or left depending on the situation.

Question 17

According to public choice theorists,people in the market sector and people in the public sector have __________,and (but)sometimes act differently because of different __________ arrangements in the two sectors.

Accepted Answer

Public choice theory posits that individuals in both the market and public sectors are driven by the same motives, such as self-interest, but their behaviors may differ due to the distinct institutional arrangements governing each sector.

Question 18

A college professor berates his political science students for being uninformed on current political and government issues.For example,most of them do not know who represents them in the U.S.House of Representatives.He tells his students that they will never get very far in life by staying so uninformed and uninterested.The professor is probably overlooking the fact that

Accepted Answer

Option A is true as people have limited time and resources and hence they may prioritize the information they seek. Option B is also true as rational ignorance is a concept where people choose not to know about certain issues as the cost of acquiring the information outweighs the benefit of being informed. Option C may not be true as it assumes that the students are actively choosing not to be informed, whereas they may simply lack the resources or guidance to acquire the required information. Thus, options A, B, and C are all valid and the correct answer is D.

Question 19

The median voter model predicts that

Accepted Answer

The median voter model predicts that the candidate closer to the middle of the political spectrum, or the median voter, will have the best chance of winning the election. This is because they are more likely to appeal to the largest number of voters, who tend to cluster around the middle of the spectrum. Both candidates may move toward the middle as the election approaches in order to appeal to these voters. The other choices are not necessarily true according to the median voter model.

Question 20

Candidates in a two-person race express very similar positions a few weeks before the election.A voter complains that there is not much difference between the two candidates.What this voter misunderstands or ignores is that

Accepted Answer

In a two-person race, each candidate has an incentive to be perceived as in the "middle of the road" in order to appeal to the largest voting population. If both candidates correctly act on this incentive, they may end up sounding alike in terms of their positions and policies. Therefore, the voter who complains about the lack of difference between the candidates is ignoring the strategic behavior of the candidates and their incentives in a two-person race.

Quiz 19: Debates in Macroeconomics Over the Role and Effects of Government

When it comes to voting in a presidential election,we would expect,ceteris paribus,

Often,candidates running for political office will speak in general terms instead of specific terms because voters agree more on than .

In the median voter model,we assume that

Ceteris paribus,economics predicts that voter turnout will be higher

Public choice deals with

One implication of the median voter model is that candidates running for political office take polls because

A public choice theorist believes that

Two candidates,Smith and Jones,are running for the same political office.Last night they were in a debate.It is generally accepted that Smith is perceived more to the left after the debate than before the debate.This is bad news for Jones if before the debate Smith was perceived

A person will become informed on a political issue if

In a simple majority vote,the losses to the losers are greater than the gains to the winners.It follows that the

Why would a candidate for political office speak in general instead of specific terms?

Public choice theorists say that the greater the number of potential voters in an election,the the perceived benefits of voting held by each voter,and so the the likely percentage turnout of voters.

According to the median voter model,a candidate (in a two-person race) is more likely to label himself or herself a "middle-of-the-roader" than a conservative or liberal because

Simple majority rule can generate inefficient outcomes because

One implication of the median voter model is that a candidate is likely to label himself and his or her opponent as .

According to public choice theorists,people in the market sector and people in the public sector have ,and (but) sometimes act differently because of different arrangements in the two sectors.

The median voter model predicts that

Candidates in a two-person race express very similar positions a few weeks before the election.A voter complains that there is not much difference between the two candidates.What this voter misunderstands or ignores is that

Quiz 19: Debates in Macroeconomics Over the Role and Effects of Government

When it comes to voting in a presidential election,we would expect,ceteris paribus,

Often,candidates running for political office will speak in general terms instead of specific terms because voters agree more on __________ than __________.

In the median voter model,we assume that

Ceteris paribus,economics predicts that voter turnout will be higher

Public choice deals with

One implication of the median voter model is that candidates running for political office take polls because

A public choice theorist believes that

Two candidates,Smith and Jones,are running for the same political office.Last night they were in a debate.It is generally accepted that Smith is perceived more to the left after the debate than before the debate.This is bad news for Jones if before the debate Smith was perceived

A person will become informed on a political issue if

In a simple majority vote,the losses to the losers are greater than the gains to the winners.It follows that the

Why would a candidate for political office speak in general instead of specific terms?

Public choice theorists say that the greater the number of potential voters in an election,the __________ the perceived benefits of voting held by each voter,and so the __________ the likely percentage turnout of voters.

According to the median voter model,a candidate (in a two-person race) is more likely to label himself or herself a "middle-of-the-roader" than a conservative or liberal because

Simple majority rule can generate inefficient outcomes because

One implication of the median voter model is that a candidate is likely to label himself __________ and his or her opponent as __________.

According to public choice theorists,people in the market sector and people in the public sector have __________,and (but) sometimes act differently because of different __________ arrangements in the two sectors.

The median voter model predicts that

Candidates in a two-person race express very similar positions a few weeks before the election.A voter complains that there is not much difference between the two candidates.What this voter misunderstands or ignores is that

Often,candidates running for political office will speak in general terms instead of specific terms because voters agree more on than .

Public choice theorists say that the greater the number of potential voters in an election,the the perceived benefits of voting held by each voter,and so the the likely percentage turnout of voters.

One implication of the median voter model is that a candidate is likely to label himself and his or her opponent as .

According to public choice theorists,people in the market sector and people in the public sector have ,and (but) sometimes act differently because of different arrangements in the two sectors.