
Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498
Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 19
Assume there's an election coming up in which voters need to decide between two candidates on the question of taxes. Polls indicate the following attitudes about taxes among likely voters.
Candidate A proposes a 20 percent tax, and Candidate B a 15 percent tax. According to the median-voter theorem, which candidate will win?
Candidate A proposes a 20 percent tax, and Candidate B a 15 percent tax. According to the median-voter theorem, which candidate will win?
Explanation
Median voters:
Median voters refers to ...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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