Wednesday
December 17, 2014

Homework Help: Econ MC

Posted by Anonymous on Tuesday, March 20, 2007 at 6:52pm.

1. According to the median voter theorem, majority rule will
a. always produce an inconclusive outcome.
b. produce the outcome least preferred by the median voter.
c. produce the outcome most preferred by the median voter.
d. produce an outcome that is inconsistent with transitive preferences.
-I am not sure how the median voter relate to the majority rule, and also is it also related to the average outcome?

2. The median voter's preferred outcome is the same as the
a. average preferred outcome.
b. outcome preferred by the greatest number of voters.
c. outcome produced by majority rule. d. All of the above are correct.
-I believe the answer is c?

Under the median voter theorem (and its important underlying assumptions), the median voter will always be in the majority.

I am bothered by the answers under 1) Under the median voter therom, the outcome will be preferred by the median voter, compared to the alternative possible outcome. However, it wont necessarily be the MOST PREFERRED outcome by the median voter. (Perhaps this is a problem of semantics. go with c)

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

government - a person who votes in the presidential election but does not vote ...
microeconomics - Can someone please help me with answering these questions? I ...
math mean median mode - which of the following shows the order from least to ...
math!! - what does median mean...? median is the middle number when u put them ...
physics - At the grocery store, you place some produce onto a scale that has a ...
Voter question - A voter is practicing ________ if she ignores all news accounts...
ECON - Which of the following is least likely to affect an economy's capacity to...
econ - american and japanese workers can each produce 4 cars a year.An American ...
American government - I am to develop a policy to increase voter turnout. It is ...
Math 1330 - In a survey of 1000 eligible voters selected at random, it was found...

Search
Members