According to the Median Voter Theorem, Majority Rule Will Produce

question 29

Multiple Choice

According to the median voter theorem, majority rule will produce the outcome:

• A)least preferred by the voter exactly in the middle of a distribution
• B)that represents everyone's preferences equally
• C)most preferred by the voter at an extreme end of the distribution
• D)most preferred by the voter exactly in the middle of a distribution

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Definitions:

Rate of Return

Monetary gain or loss on an investment throughout a set period, considered as a percentage of the investment's cornerstone cost.

Current Stock Price

The cost at which a stock is bought or sold on the stock exchange at a specific moment.

Market Rate

The prevailing price or interest rate available in the marketplace for goods, services, or securities.

Annual Dividend

The total dividend payment a shareholder receives from a stock over the course of a year.