Examlex
There are three voters and two representatives in a democracy. Voter 1 supports government spending of $30. Voter 2 supports government spending of $50. Voter 3 supports government spending of $90. According to the median voter theorem, politicians will converge upon a spending bill of:
Personality Style
an individual's typical mode of thinking, feeling, and acting that characterizes their personal interactions and approach to life.
Social Clock
The societal timelines and expectations regarding the timing of life events, such as education, employment, marriage, and parenthood.
Off-time
Refers to life events or transitions occurring at ages different from those culturally or socially expected.
Middle-class
A social class typically described as having moderate income and educational attainment, positioned between the lower and upper classes.
Q9: If a consumer could pay $100 for
Q60: In a two-country world of Japan and
Q83: A good social system aligns self-interest with
Q98: The phrase "A society that puts equality
Q135: Utilitarians will always favor the society that
Q165: The median voter theorem tells us that,
Q172: Economics is an ethical subject in the
Q218: It is always rational to be ignorant.
Q237: Preferences over what other people do, even
Q237: Evidence suggests that voters will vote for