The median-voter model implies that a political office seeker will: adopt more extreme views when seeking his or her party nomination than when running against the other party opponent. adopt less extreme views when seeking his or her party nomination than when running against the other party opponent. favor extensive government spending because demand curves for public goods are added vertically rather than horizontally. favor the private resolution of externality problems rather than governmental intervention.
The median-voter model implies that a political office seeker will: adopt more extreme views when seeking his or her party nomination than when running against the other party opponent. adopt less extreme views when seeking his or her party nomination than when running against the other party opponent. favor extensive government spending because demand curves for public goods are added vertically rather than horizontally. favor the private resolution of externality problems rather than governmental intervention.
Principles of Microeconomics (MindTap Course List)
8th Edition
ISBN:9781305971493
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter22: Frontiers Of Microeconomics
Section22.2: Political Economy
Problem 2QQ
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The median-voter model implies that a political office seeker will:
adopt more extreme views when seeking his or her party nomination than when running against the other party opponent.
adopt less extreme views when seeking his or her party nomination than when running against the other party opponent.
favor extensive government spending because demand
favor the private resolution of externality problems rather than governmental intervention.
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