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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- Give both answers I give you thumparrow_forwardAll of the following statements are true about median voter theory, except: Select the correct answer below: The median voter is in the middle of the political spectrum. The effects of the U.S. sugar lobby supports median voter theory. Median voter theory suggests that if a candidate needs more than 50% to win an election, the best way to win is to have median preferences. The median voter theory argues that politicians will try to match policies to what pleases the median voter preferences.arrow_forwardExplain why majority rule respects the preferencesof the median voter rather than those of the averagevoter.arrow_forward
- The following table shows how three voters ranked Policy A, Policy B, and Policy C. Which policy is preferred by the majority? Voter 1 Voter 2 Voter 3 Policy A Policy B Policy C First Choice Policy B Policy C Policy A Policy C Policy A Policy B Second Choice Third Choice Select the correct answer below: O Policy B O Policy C one policy is not preferred by the majority O Policy Aarrow_forwardPlease no written by hand "No voting system is perfect." What does it mean by economist K. Arrow? Give a brief account on Condorcet Voting Paradox. A public school district is voting on the school budget and the resulting student-teacher ratio. A poll finds that 20 percent of the voters want a ratio of 9:1, 25 percent want a ratio of 10:1, 15 percent want a ratio of 11:1, and 40 percent want a ratio of 12:1. What outcome would you expect the district toarrow_forwardA situation in which society may not be able to rank its preferences consistently through paired-choice majority voting refers to Multiple Choice: A. the median-voter model. B. logrolling. C. the paradox of voting. D. the special-interest effect.arrow_forward
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