Multiple choice question Which of the following is NOT an assumption of the median voter model? a. single-dimensional voting b. two candidates c. politicians have no ideology d. money impacts elections
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Multiple choice question
Which of the following is NOT an assumption of the median voter model?
a. single-dimensional voting
b. two candidates
c. politicians have no ideology
d. money impacts elections
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- Answer to Part AAssume there are three voters: A, B and C. Voter preferences can be ranked along a left-to-right spectrum that ranges from 1-9; 1 being the most left leaning preference and 9 being the most right leaning preference. Suppose these voters will choose between candidates Smith and Jonesin an upcoming election.Assuming the following voter preferences:Voter ID Preference (1-9)A 4B 5C 6A. True/False Explain: If the median voter theorem holds, candidates Smithand Jones will either both adopt preference 5 OR one will adopt preference 4 while the other adopts preference 6.Answers to all 4 partsAssume there are three voters: A, B and C. Voter preferences can be ranked along a left-to-rightspectrum that ranges from 1-9; 1 being the most left leaning preference and 9 being the mostright leaning preference. Suppose these voters will choose between candidates Smith and Jonesin an upcoming election.Assuming the following voter preferences:Voter ID Preference (1-9)A 4B 5C 6A. True/False Explain: If the median voter theorem holds, candidates Smith and Jones willeither both adopt preference 5 OR one will adopt preference 4 while the other adoptspreference 6.B. Suppose the electorate becomes more polarized; A moves from 4 to 1 while C moves from 6to 9. B remains at 5. How does the median voter model predict candidates Smith and Joneswill change their preference?C. Keeping the assumptions from…Political Economy Assume there are three voters: A, B and C. Voter preferences can be ranked along a left-to-right spectrum that ranges from 1-9; 1 being the most left leaning preference and 9 being the most right leaning preference. Suppose these voters will choose between candidates Smith and Jones in an upcoming election. Voter Id Preference(1-9) A 4 B 5 C 6 True/False Explain: If the median voter theorem holds, candidates Smith and Jones will either both adopt preference 5 OR one will adopt preference 4 while the other adopts preference 6. Suppose the electorate becomes more polarized; A moves from 4 to 1 while C moves from 6 to 9. B remains at 5. How does the median voter model predict candidates Smith and Jones will change their preference? Keeping the assumptions from B, how does the election result change if a tax on non-voters doubles the number of voters while preserving the distribution of preferences? If the tax in C induces 100%…
- Political Economy Assume there are three voters: A, B and C. Voter preferences can be ranked along a left-to-right spectrum that ranges from 1-9; 1 being the most left leaning preference and 9 being the most right leaning preference. Suppose these voters will choose between candidates Smith and Jones in an upcoming election. Voter Id Preference(1-9) A 4 B 5 C 6 True/False Explain: If the median voter theorem holds, candidates Smith and Jones will either both adopt preference 5 OR one will adopt preference 4 while the other adopts preference 6. Suppose the electorate becomes more polarized; A moves from 4 to 1 while C moves from 6 to 9. B remains at 5. How does the median voter model predict candidates Smith and Jones will change their preference? Keeping the assumptions from B, how does the election result change if a tax on non-voters doubles the number of voters while preserving the distribution of preferences? If the tax in C induces 100%…Political Economy Assume there are three voters: A, B and C. Voter preferences can be ranked along a left-to-right spectrum that ranges from 1-9; 1 being the most left leaning preference and 9 being the most right leaning preference. Suppose these voters will choose between candidates Smith and Jones in an upcoming election. Voter Id Preference(1-9) A 4 B 5 C 6 True/False Explain: If the median voter theorem holds, candidates Smith and Jones will either both adopt preference 5 OR one will adopt preference 4 while the other adopts preference 6. B) Suppose the electorate becomes more polarized; A moves from 4 to 1 while C moves from 6 to 9. B remains at 5. How does the median voter model predict candidates Smith and Jones will change their preference? C) Keeping the assumptions from B, how does the election result change if a tax on non-voters doubles the number of voters while preserving the distribution of preferences? D) If the tax in C induces…Under the investment approach, what is the likelihood that a rational voter will choose to vote and why? a. Very likely, especially if the voter derives benefit from simply expressing their opinion. b.A bout 50-50, depending on whether their candidate is ahead in the polls or not. c. Very high because they trade their vote for being able to call in a favor from the politician later. d. Almost nil because their likelihood of influencing the election is so small.
- Which of the following statements is false? a. Public choice economists often explain low voter turnouts in terms of the individual costs and benefits of voting. b. In some instances, simple majority voting leads to a project being undertaken even though the total costs of the project exceed the total benefits. c. If an individual will only vote if he or she feels that his or her vote will make a difference in the election, it is likely that he or she will vote. d. Simple majority voting fails to take into account the intensity of individuals' preferences.A situation in which society may not be able to rank its preferences consistently through paired-choice majority voting refers to Multiple Choice: A. the median-voter model. B. logrolling. C. the paradox of voting. D. the special-interest effect.7. According to public choice theory, polices with concentrated benefits and diffused costa are most ikely when Not yet answeied O a. voters are rationally ignorant of a topic and special interests are actively lobbying. O b. the policy involves the redistribution of income. O c there is a two party system. O d. voters have a wide range of preterences, with no consensun. 8. Positive economics is about: O a. describing, xplaining, or predicting economic events. O b. making recommendations about what economic policy should be. O c. prescribing and making aclaim on the economy. O d. veritying and confirming economic poliky
- When is the media's influence greatest on voters? Oa.When voters are unfamiliar with the candidates ObWhen people have the least knowledge about an issue Oc. When voters are already extensively familiar with the candidates Od When people understand enough about an issue to know that it's important, but not enough to form a cohesive perspective Oe When people are very well informed about an issue1. Why is there a political divergence in the citizen-candidate model as opposed to Downsian electoral competition? Explain. 2. What is the difference between strategic and sincere voting? 3. Explain why multiple equilibriums occur in the citizen-candidate model?1. Working with Numbers and Graphs Q1 Suppose that three major candidates-Manuel, Poornima, and Shen-are running for president of the United States, and the distribution of voters is as shown in the following diagram. NUMBER OF VOTERS Far Left Shen The Middle Poornima Manuel Far Right ?