The Theory of the Median Voter May Not Work If

question 13

Multiple Choice

The theory of the median voter may not work if:
I. voters do not vote.
II. voters do not vote for the policy closest to their own positions.
III. there is only a single dimension over which the voting occurs.

• A) I only
• B) II only
• C) I and II only
• D) I, II, and III

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Definitions:

Milton Friedman

An American economist known for his strong belief in free-market capitalism.

Permanent

Something that is meant to last or continue indefinitely without change.

Disposable Income

Refers to the sum of money available to families for spending and saving purposes once income taxes have been deducted.

APC

Average Propensity to Consume; the ratio of total consumption to total disposable income.