Author Question: The view that those whose preferences represent the middle position on an issue will tend to ... (Read 60 times)

BRWH · **on:** Jun 30, 2018

The view that those whose preferences represent the middle position on an issue will tend to determine the outcome of an election is called:
a. rent seeking.
b. the median voter model.
c. the special interest effect.
d. the cyclical majority problem.

Question 2

Deviations from purchasing power parity will be increasingly higher as international trade tariffs become more restrictive. The main reason for this phenomenon is that:
a. arbitrage activities become less profitable.
b. governments prefer purchasing power parity not to hold.
c. the interest rate parity fails to hold.
d. goods become more differentiated across countries.
e. individuals develop hatred toward closed economies.