Which of the Following Is Necessary for the Median Voter

question 34

Multiple Choice

Which of the following is necessary for the Median Voter Theorem?

• A) single-peaked preferences
• B) double-peaked preferences
• C) identical preferences for all voters
• D) unknown preferences.

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Definitions:

Productivity

The efficiency at which goods and services are produced, usually measured by the amount of output per unit of input over a specific period.

Economic Growth

An increase in the amount of goods and services produced per head of the population over a period of time, often measured by GDP.

Nationalization

The process by which a government takes control over a privately-owned company or industry.

Rule of Law

The principle that all members of a society, including those in government, are equally subject to publicly disclosed legal codes and processes.