The median voter model predicts that in a representative democracy _____

a. party platforms will converge to one preferred by the median voter
b. successful politicians will emulate the median voter
c. third parties will not exist
d. successful politicians come from the median political party


a

Economics

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Using the data in the above table, the labor force participation rate is

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To say that turnips are inferior goods means that the income elasticity

A) is definitely greater than 1. B) is definitely between 0 and 1. C) is positive but could be greater than or less than (or equal to) 1. D) is negative.

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Which of the following statements regarding the unemployment rates in the U.S. between 1971 and 2002 is true?

a. The unemployment among the whites were much lower compared to the non-whites. b. The unemployment rate for all workers reached a low of 2.9 percent in 1982. c. The unemployment rate of both male and female workers have consistently increased from 1971 to 1998. d. The whites had much higher unemployment rates than the nonwhites. e. Teenagers reported the lowest unemployment rates in the country.

Economics

A dominant strategy exists for at least one player in every game

a. True b. False Indicate whether the statement is true or false

Economics