Suppose that 35 percent of the people want nothing spent on welfare, 20 percent of the people want 50 percent of the GDP spent on welfare, 25 percent of the people want 25 percent of the GDP spent on welfare, 10 percent of the people want 5 percent of the GDP spent on welfare, and 10 percent of the people want 10 percent of the GDP spent on welfare. According to the median voter theorem, what percentage of the GDP will be spent on welfare?
A) 5 percent
B) 10 percent
C) 25 percent
D) 50 percent
E) There is not enough information provided to answer the question.
Correct Answer:
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