One Implication of the Median-Voter Model Is That at Any

question 15

Multiple Choice

One implication of the median-voter model is that at any point in time, most voters will

• A) be happy with the amount of government involvement in the economy.
• B) find government involvement in the economy to be too much.
• C) find government involvement in the economy to be too little.
• D) be unhappy with the amount of government involvement in the economy.

---

Definitions:

Escalation

The process of increasing or intensifying a situation or conflict, often leading to a more serious state.

Overconfidence

A cognitive bias where someone's subjective confidence in their judgments is greater than their objective accuracy.

Short-Term Thinking

A focus on immediate results or benefits at the expense of longer-term goals or implications.

Satisficing

A decision-making strategy that seeks an adequate solution rather than the optimal one, based on the practicality of attaining satisfactory results within limitations.