The members of some Central Bank have different numbers of votes: Satrapia 13, Republic 8, Freedonia 4, Anarchia 3, and vote using a simple majority. Their preferences are aligned along the dimension of being more hawkish or more dovish with respect to their joint monetary policy. From this information only, you can infer that (many answers may be correct): Satrapia and Republic form a minimal winning coalition The minimum weight winning coalition has 13 votes There is no minimal size winning coalition with two states Satrapia and Anarchia form a minimal connected winning coalition Satrapia and Anarchia form a minimal range winning coalition Freedonia is not a member of any minimal connected winning coalition There are four minimum winning coalitions Freedonia and Anarchia do not form a minimal winning coalition

The members of some Central Bank have different numbers of votes: Satrapia 13, Republic 8, Freedonia 4, Anarchia 3, and vote using a simple majority. Their preferences are aligned along the dimension of being more hawkish or more dovish with respect to their joint monetary policy. From this information only, you can infer that (many answers may be correct): Satrapia and Republic form a minimal winning coalition The minimum weight winning coalition has 13 votes There is no minimal size winning coalition with two states Satrapia and Anarchia form a minimal connected winning coalition Satrapia and Anarchia form a minimal range winning coalition Freedonia is not a member of any minimal connected winning coalition There are four minimum winning coalitions Freedonia and Anarchia do not form a minimal winning coalition

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter15: Monetary Policy

Section15.4: Nonactivist Monetary Proposals

Problem 3ST

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