An Implication of the Median Voter Theorem Is That

question 255

Multiple Choice

An implication of the median voter theorem is that

• A)minority views and majority views are given equal weight.
• B)platforms of the major political parties will not differ greatly.
• C)the logic of democracy is fundamentally flawed.
• D)behavioral economics plays a significant role in voting outcomes.

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Definitions:

Optimal Risky Portfolio

A combination of investments that yields the highest expected return for a specific level of risk.

Standard Deviation

A statistical measure that quantifies the variation or dispersion of a set of numerical values, often used to assess the risk associated with a particular investment.

Risk-Free Rate

The theoretical return on an investment with no risk of financial loss, typically represented by the yield on government bonds from stable countries.

Perfectly Negatively Correlated

Describes two variables that move in opposite directions; if one increases, the other decreases.