Author Question: When applied to committees, the median voter model concludes that _____. a. becomes irrelevant as ... (Read 45 times)

laurencescou · **on:** Jul 1, 2018

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.