Once Voting Becomes More Complicated Than Those Predicted by the Median-Voter

question 12

Multiple Choice

Once voting becomes more complicated than those predicted by the median-voter theorem:

• A)the way in which votes are cast becomes important.
• B)the policies preferred by the average voter becomes more important.
• C)the politicians stay more extreme in their views.
• D)All of these are true.

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Definitions:

Future Value

The worth of a current asset on a future date, calculated by estimating its growth rate over a specific period.

Compound Interest

Interest on both the initial principal and the accumulated interest from previous periods on a deposit or loan.

Future Value

The worth of an asset or cash at a specified date in the future that is equivalent in value to a specified sum today.

Compounded Quarterly

Referring to interest that is calculated and added to the principal amount at the end of each quarter, leading to exponential growth.