Mindtap Economics, 1 Term (6 Months) Printed Access Card For Arnold's Macroeconomics, 13th
13th Edition
ISBN: 9781337621397
Author: Arnold, Roger A.
Publisher: Cengage Learning
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Chapter 19, Problem 2WNG
To determine
Outcome of the election.
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Given that rational ignorance discourages some people from becoming informed about elections, is it necessarily a good idea to encourage greater voter turnout? Why or why not?
Explain why according to the theory of rational ignorance, an individual will decide not to participate in the election process (vote).
Explain why majority rule respects the preferencesof the median voter rather than those of the averagevoter.
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Mindtap Economics, 1 Term (6 Months) Printed Access Card For Arnold's Macroeconomics, 13th
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- Arrow's impossibility theorem states that under certain assumptions about preferences, no voting system exists that satisfies all of the following properties: • Unanimity • Transitivity • Independence of irrelevant alternatives • No dictatorsarrow_forwardIn 2012, only about two-thirds of New Mexico's eligible voters showed up to vote. Should this be considered a problem for New Mexicans or not. Give two reasons to support your argument.arrow_forward
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