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In Figure 2, we illustrate a situation where we have a bicameral legislature. The location of the status quo policy is SQ, the location of the median voter in the lower chamber is LC, and the location of the median voter in the upper chamber is UC. Assume that both median voters have a single-peaked utility function and that the support of both chambers is needed to pass a new policy. Assume that a voter will vote for a new policy over the status quo if she is indifferent between them.
Figure 2: Illustrating a Bicameral Legislature
-Based on your answers to the previous two questions, does an institutional rule designating which chamber has agenda-setting power affect policy outcomes?
High-Paying Occupations
Jobs that offer salaries significantly above the median income level for workers, often requiring specialized skills or education.
Minority Workers
Workers who belong to a racial, ethnic, or socio-cultural minority group within the broader workforce.
Taste-For-Discrimination Model
A theoretical model that explains how discrimination can affect economic decisions and outcomes by assuming some agents have a 'taste' or preference for discriminating against certain groups.
Wages
Compensation given to employees for their work, often determined by the hour, day, or by the amount of work completed.
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