The median-voter model implies that a political office seeker will:
A. adopt more extreme views when seeking his or her party's nomination than when running
against the other party's opponent.
B. adopt less extreme views when seeking his or her party's nomination than when running
against the other party's opponent.
C. favor extensive government spending because demand curves for public goods are added
vertically rather than horizontally.
D. favor the private resolution of externality problems rather than governmental intervention.
Answer: A
You might also like to view...
Jay set up his hot dog stand near the business district. His total variable cost includes the
A) annual insurance for the hot dog stand. B) cost of buying the hot dog stand. C) cost of the hot dogs and condiments. D) interest he pays on the funds he borrowed to pay for advertising. E) revenue he gets when he sells his first hot dog each day.
Which of the following definitely results in a product's equilibrium price rising?
A) an increase in both demand and supply B) a decrease in both demand and supply C) an increase in demand combined with a decrease in supply D) a decrease in demand combined with an increase in supply E) an increase in the supply combined with no change in the demand