Suppose That Some Event Occurs That Causes Several Voters to Adopt

question 16

Multiple Choice

Suppose that some event occurs that causes several voters to adopt more centrist positions on the left-right issue dimension. The new distribution of voters is shown in Figure 2.
Figure 2: Illustrating the Median Voter Theorem-A Centrist Electorate

-Given the centrist nature of the distribution of voters in Figure 2, where will parties P₁ and P₂ locate in the left-right space?

• A) 3
• B) 3.5
• C) 4
• D) 4.5
• E) 5
• F) 5.5
• G) 6
• H) 6.5

---

Definitions:

Sub-Contracting

The practice of a company hiring a third-party to perform tasks, handle operations or provide services that are either difficult to manage or outside the company's expertise.

Discount Rate

The discount rate that is used to compute the present value of forthcoming cash flows.

Annual Payments

Recurring payments made once a year.

Compounded Monthly

Determining interest on a monthly schedule by including both the initial principal and previously earned interest in the calculation.