The median voter is:
A. the voter who has the median income policy among all voters.
B. the voter who has the median policy among all voters.
C. the voter who has the average policy among all voters.
D. the voter who has the mean policy among all voters.
B. the voter who has the median policy among all voters.
You might also like to view...
The decrease in consumption and investment interest-related spending that occurs when the interest rate rises as government spending increases is called:
A) crowding in. B) crowding out. C) neutral. D) none of the above.
Why have health care costs risen so much in recent years?
What will be an ideal response?
There are three prerequisites to creating money. They are
a. currency, homogeneity, volatility b. fractional reserve system operating with financial intermediaries, people willing to make demand deposits, borrowers prepared to take out loans c. Federal Reserve Notes, willing creators of demand deposits, investment managers d. banks loaning new deposits to other banks, borrowers who create M1, a need for a store of value e. excess reserves, reserve requirements, financial intermediaries
In his book The Road to Serfdom, Friedrich Hayek argued that the growth of government
a. was essential if the ups and downs of the business cycle were going to be controlled. b. must be increased if western democracies were going to survive. c. could only be achieved if monetary policy-makers were willing to expand the supply of money more rapidly. d. endangered freedom and moved Western democracies toward tyranny, just as it had done in Nazi Germany and the Soviet Union.