Examlex

Solved

When the Majority of Voters Have Preferences Very Different from Those

question 33

True/False

When the majority of voters have preferences very different from those of the median voter, then the median voter theorem will lead to accurate predictions of the outcomes of elections.


Definitions:

Tombstone

A stone marker, typically inscribed, placed over a grave.

Limit Order

Order that puts a ceiling or floor on a security purchase or sale.

Check Clearing

The process of transferring funds from the check writer's account to the recipient's account.

Insider Trading

Use of material nonpublic information about a company to make investment profits.

Related Questions