The median-voter model implies that:

A. political voting will be as economically efficient as "dollar voting" in competitive markets.
B. all voters have about the same preferences for various public goods and services.
C. many people will be dissatisfied with the size of government in the economy.
D. with majority voting there can never be a consistent ordering of public good preferences.


Answer: C

Economics

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An approach that can be taken by someone directly involved in a transaction to solve the problems caused by information asymmetry is:

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Answer the following statement true (T) or false (F)

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Economics