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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The risk of financing a project by issuing common stock is borne by
a. the issuing firm only. b. the stockholders only. c. both the issuing firm and the stockholders. d. the government.
Economics
The ________ exchange rate is the market rate between two currencies.
A. nominal bilateral B. real bilateral C. real effective D. nominal effective
Economics