Once voting preferences become more complicated than those assumed by the median-voter theorem:
A. the way in which votes are cast becomes important.
B. the policies preferred by the average voter become more important.
C. the politicians stay more extreme in their views.
D. economists cannot analyze voting preferences successfully.
A. the way in which votes are cast becomes important.
You might also like to view...
Comment on the following statement: "A firm with market power is able to charge any price it likes."
What will be an ideal response?
The poor, in considering a job offer, face constraints that middle-class job seekers are not subject to
Indicate whether the statement is true or false
Suppose the numbers in parentheses represent two points on a line: (59 billion quarts; $4) and (78 billion quarts; $6). The line is most likely a
a. production possibilities frontier for milk. b. supply curve for milk. c. demand curve for milk. d. ray through the origin. e. time series line.
If the United States sells computers to Russia, and uses the proceeds to buy shares of stock in Russian companies, the U.S. trade balance ________ and the U.S. financial account balance ________.
A. rises; falls B. falls; rises C. falls; falls D. rises; rises