There Are Three Voters and Two Representatives in a Democracy

question 234

Multiple Choice

There are three voters and two representatives in a democracy. Voter 1 supports government spending of $30. Voter 2 supports government spending of $50. Voter 3 supports government spending of $90. According to the median voter theorem, politicians will converge upon a spending bill of:

• A) $30.
• B) $50.
• C) $60.
• D) $90.

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Definitions:

Contract of Adhesion

A standard-form contract prepared by one party, to be signed by another party in a position of weaker bargaining power, typically where the terms are non-negotiable.

Public Policy

A principle or course of action adopted or proposed by a government, party, business, or individual, reflecting the societal values and interests at that time.

Exculpatory Clause

A provision in a contract that absolves one party of liability for any wrongdoing related to the agreement.

Serious Crime

A criminal offense considered severe due to its nature, often involving significant harm to individuals or society and carrying heavy penalties.