The Median Voter Theorem States That the Outcome of a Majority

question 228

True/False

The median voter theorem states that the outcome of a majority vote is likely to represent the preferences of the voter who is in the political middle.

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Definitions:

Enter

To participate or become involved in a particular activity or sphere; in business, it may refer to entering a market, indicating the beginning of efforts to compete within a given market area.

Efficient Markets

Markets in which all relevant information is fully and immediately reflected in asset prices, ensuring that securities are always fairly priced.

Profit Opportunities

Situations or conditions that allow businesses or individuals to earn a return on investment above normal expectations.

Eliminated

Removed or taken away, typically referring to the action of completely doing away with something.