Candidates in a Two-Person Race Express Very Similar Positions a Few

question 86

Multiple Choice

Candidates in a two-person race express very similar positions a few weeks before the election. A voter complains that there is not much difference between the two candidates. What this voter misunderstands or ignores is that

• A)each candidate has an incentive to be like the other.
• B)each candidate has an incentive to be different from the other.
• C)each candidate has an incentive to be perceived as in the "middle of the road," and if both candidates correctly act on this incentive they will end up sounding alike.
• D)this simply happens sometimes.

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Definitions:

National Saving

The total saving of an economy, consisting of both private and public saving.

Public Saving

The difference between government tax revenues and government expenditures, often used to assess a government's financial health.

Closed Economy

An economic system that does not engage in international trade with other countries and relies solely on its own resources and internal market.

Budget Surplus

The condition where a government's revenues exceed its expenditures over a specific period of time.