Macroeconomics
13th Edition
ISBN: 9781337617390
Author: Roger A. Arnold
Publisher: Cengage Learning
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Question
Chapter 19.3, Problem 1ST
To determine
Check whether the behavior of a politician is wrong or not according to the median voter model.
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FAR LEFT
CANDIDATE
B
Candidate
A
-FAR RIGHT
model suggests that candidates in a two person political race will move toward matching the preferences of the median voter.
Explain why majority rule respects the preferencesof the median voter rather than those of the averagevoter.
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- Germany and the US are both presidential systems. Group of answer choices True Falsearrow_forwardExplain why according to the theory of rational ignorance, an individual will decide not to participate in the election process (vote).arrow_forwardExplain the predictions and assumptions of the median-votertheorem.arrow_forward
- Multiple choice question Which of the following is NOT an assumption of the median voter model? a. single-dimensional voting b. two candidates c. politicians have no ideology d. money impacts electionsarrow_forwardArrow's impossibility theorem states that under certain assumptions about preferences, no voting system exists that satisfies all of the following properties: • Unanimity • Transitivity • Independence of irrelevant alternatives • No dictatorsarrow_forward
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