Macroeconomics
13th Edition
ISBN: 9781337617390
Author: Roger A. Arnold
Publisher: Cengage Learning
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Question
Chapter 19, Problem 3QP
To determine
Reason for the incentive to vote in an election with small number of voters.
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How might special interest groups and lobbyists influence campaigns and elections?
Group of answer choices
political party and influence legislation.
They go door to door educating voters on campaign and election issues.
While they do not participate in elections, they exercise a lot of influence through their relationships with elected officials.
When politicians are elected to office, members of special interest and lobbyists take jobs working for that politician and in this way influence their work, campaigns, and elections.
Evaluate the extent to which the Populist movement marked a turning point in the United States economy OR politics.
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- Suppose there are five voters. Their preferences for the amount the federal government should spend to stimulate the economy are shown in the figure to the right. According to the median voter theorem, in a vote, how much will the federal government spend to stimulate the economy? The federal government will spend S billion. (Enter your response as an integer.) 1200 1100 1000- 900- 800- 700- 600 2500- 400- 300- 200- 100- Greg kelly Christina Luisarrow_forwardInefficiencies associated with majority voting may get resolved through: Select one: A. using the median-voter model. B. bureaucratic inefficiency. C. the paradox of voting. D. political logrolling.arrow_forwardThe social security tax is 6.2% on employees’ income earned below $113,000. Is this tax progressive, regressive or proportional?arrow_forward
- Explain how affirmative and negative majority votes can sometimes lead to inefficient allocations of resources to public goods. Is this problem likely to be greater under a benefits-received or under an ability-to-pay tax system? Use the information in Figures 17.1a and 17.1b to show how society might be better off if Adams were allowed to buy votes.arrow_forwardDiscuss the possible negative effects of the Great Compromise today. Are all states fairly represented? What about when it comes to the Electoral College? Is the bicameral legislature too cumbersome? Does the system of separation of powers provide too much of a check on one branch of government?arrow_forwardEssay: How important voting is for youth?arrow_forward
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