Preferred Budgets ($ in millions)567891011Number of voters (in thousands)61016201595Table 15.2Table 15.2 shows the preferred budget for a new civic center and the number of voters in a community who prefer that budget. Suppose that Jay initially proposed $6 million while David proposed $10 million. Given the distribution of voters' preferences, Jay can increase his chance of being elected by proposing:

A. a greater budget toward the median budget.
B. a greater budget than $10 million.
C. a smaller budget than $6 million.
D. None of these


Answer: A

Economics

You might also like to view...

The short-run Phillips curve illustrates ________ relationship between the unemployment rate and the inflation rate

A) a mixed B) an upside-down U-shaped C) a positive D) no E) a negative

Economics

At 2015 prices, the value of production in 2016 was 6 percentage points higher than in 2015. At 2016 prices, the value of production in 2016 was 4 percentage points higher than in 2015

Using the chain-weighted output index, real GDP is ________ in 2016 than in 2015. A) 10 percent greater B) 5 percent greater C) 7.5 percent greater D) 4 percent smaller

Economics

Workers do not know the safety records at individual firms; they only know industry averages. As a result,

A) each firm tries to outdo each other in making safety improvements. B) each firm has the incentive to be the safest in its industry. C) the equilibrium level of safety is less than optimal. D) the optimal level of safety is achieved.

Economics

A consumer could screen the quality of a pizza joint by

A) asking friends. B) using online rating sites. C) watching the chef prepare the pizza. D) All of the above.

Economics