This topic contains a solution. Click here to go to the answer

Author Question: When applied to committees, the median voter model concludes that _____. a. becomes irrelevant as ... (Read 94 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
When applied to committees, the median voter model concludes that _____.
 
  a. becomes irrelevant as committees will be unable to select a clear outcome
  b. the committee selects the outcome preferred by the median voter
  c. when preferences are double peaked, the committee meets the demand of the median voter
   d. a cyclical majority will emerge, if voters are irrational

Question 2

The general equilibrium analysis of a minimum wage applied to only some sectors of the economy suggests that
 
  A) workers in all sectors will face increased wages.
  B) some workers in the covered sectors will lose their jobs and remain unemployed.
  C) some workers originally employed in the covered sectors will move to the uncovered sectors, driving down wages in the uncovered sectors.
  D) all workers will be worse off.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meow1234

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

b

Answer to Question 2

C




laurencescou

  • Member
  • Posts: 593
Reply 2 on: Jul 1, 2018
:D TYSM


bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Excellent

 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

For a complete list of videos, visit our video library