
The median voter theorem states that the outcome of a majority vote
A) tends to favour the preferences of high income individuals and ignore the median voter.
B) is likely to represent the preferences of society's middle-income voter.
C) is likely to represent the preferences of the voter who is in the political middle.
D) is determined by the average consumer and producer in an economy.
Correct Answer:
Verified
Q2: Table 15.1 Q2: Tax laws affect Q5: The median voter model implies that Q5: Suppose $1 billion is available in the Q8: Which of the following statements about rent Q9: One argument advanced in favour of reducing Q11: One argument advanced in favour of raising Q12: According to public choice theory, policymakers Q16: The median voter theorem will be an Q17: The Arrow impossibility theorem states that
A)economic efficiency but not equity.
B)equity
A)many people
A)place the
A)no system
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