Macroeconomics
13th Edition
ISBN: 9781337617390
Author: Roger A. Arnold
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Question
Chapter 19, Problem 6QP
To determine
Reasons for the liberal nature of democratic candidates and conservative nature of Republican candidates in primaries than general election.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Consider the race for governor of a small state. The population of the state is evenly divided between three cities-Riverville, Hanover, and Danbury.
The governor's race is between Ron Ruskin (the mayor of Riverville) and Ted Topple (the mayor of Hanover). Assume that no matter what is said
during the campaign, Ruskin can count on the support of 100% of the Riverville population, and Topple can count on the support of 100% of the
Hanover population. Assume 100% voter participation.
According to the result of majority-rule voting, the next governor will be the one preferred by the majority of the residents of
The two candidates are asked in a debate about their support of recreational subsidies. Public opinion polls in the city you just identified have shown
the following about the level of recreational subsidies desired:
• 70% want a low level
20% want a medium level
• 10% want a high level
Assuming that voters prefer outcomes closer to their preferred choices to outcomes further away,…
Briefly explain why the principle that the majority of voters should decide an election outcome may not always make logical sense.
Please 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 to
Knowledge Booster
Similar questions
- Give both answers I give you thumparrow_forwardhow does the election result change if a tax on non-voters doubles the number of voters while preserving the distribution of preferences?arrow_forwardHow 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.arrow_forward
- Assume you have been hired by a group that wants to increase voter turnout in American elections. What would you tell them about why some people are more likely to vote in elections compared to others who are not likely to participate?arrow_forwardIn a congressional district somewhere in the U.S., a new representative is being elected. The voters all have one-dimensional political views that can be neatly arrayed on a left-right spectrum. We can define the ”location” of a citizen’s political views in the following way. The citizen with the most extreme left-wing views is said to be at point 0 and the citizen with the most extreme right-wing views is said to be at point 1. If a citizen has views that are to the right of the views of the fraction x of the state’s population, that citizen’s views are said to be located at point x. There are two candidates for the congressional seat and they are forced to publicly state their own political position simultaneously on the zero-one left-right scale. 1.a Suppose voters always vote for the candidate whose stated position is nearest to their own views and suppose each candidate cares only about getting as many votes as possible. In equilibrium, what will be the two candidates’ positions?…arrow_forwardExplain: “Politicians would make more rational economic decisions if they weren’t running for reelection every few years.”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_forwardWe have heard of "Rock the Vote" or even "Vote or Die." What these ad campaigns are attempting to do is reduce the amount of voter apathy. What do economists call this situation? Using the principles of economics, please explain why there is such a lack of interest in being informed and voting. .arrow_forward4arrow_forward
- What is economic populism?arrow_forwardThe Principles of Taxation Taxation systems are centered around two basic ideas. One is that people that benefit from services provided by tax revenues should be the ones who pay for them. Secondly, taxes should be paid in proportion to the number of benefits or services that an individual receives. Three Types of Taxes Taxes can be proportional, progressive, or regressive in nature. A proportional tax is equal in that it sets the same percentage of income taxation on everyone regardless of income. So for individuals, as their income rises or falls, they pay the same percentage in tax. A progressive tax imposes a higher percentage rate of taxation as incomes go up. So as people make more money they pay a higher percentage of that income in tax, and the percentage goes down if their income goes down. Regressive taxes are the opposite of progressive. They impose a higher percentage of taxes on lower incomes than on higher incomes. Often these taxes are not income taxes, but other types…arrow_forwardWhy do some economists advocate taxing consumption rather than income? Give two arguments why wealthy taxpayers should pay more taxes than poor taxers? Pakistan has trade imbalance where our imports are far more than our exports, based on comparative advantage theory suggest ways and means by which we can improve international trade? Unemployment is a global issue, what steps government had to take to curb it. Suggest by which we can improve employment.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Economics (MindTap Course List)EconomicsISBN:9781337617383Author:Roger A. ArnoldPublisher:Cengage Learning
- Exploring EconomicsEconomicsISBN:9781544336329Author:Robert L. SextonPublisher:SAGE Publications, IncMicroeconomics: Private and Public Choice (MindTa...EconomicsISBN:9781305506893Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. MacphersonPublisher:Cengage LearningMacroeconomics: Private and Public Choice (MindTa...EconomicsISBN:9781305506756Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. MacphersonPublisher:Cengage Learning
Economics (MindTap Course List)
Economics
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Cengage Learning
Exploring Economics
Economics
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:SAGE Publications, Inc
Microeconomics: Private and Public Choice (MindTa...
Economics
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:Cengage Learning
Macroeconomics: Private and Public Choice (MindTa...
Economics
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:Cengage Learning