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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 17
Suppose that two candidates in a local election are trying to develop their policy positions regarding how much their town should spend on education. The numbers break down as follows.
According to the median-voter theorem, how much will the town spend on education?
According to the median-voter theorem, how much will the town spend on education?
Explanation
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Median voter theorem:
Median voters ref...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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