Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: snowicefox17 on Feb 28, 2019



Title: Former Alabama Governor George Wallace ran for president several times, once as a third-party ...
Post by: snowicefox17 on Feb 28, 2019

Question 1.

A key assumption of the public choice model is that government policymakers will pursue their own self-interests. Economists assume that consumers and firms pursue their own self-interests when they interact in competitive markets and this interaction results in efficient economic outcomes. Does the pursuit of self-interest by policymakers result in efficient economic outcomes?

Question 2.

Former Alabama Governor George Wallace ran for president several times, once as a third-party candidate in 1968. Wallace claimed there was "not a dime's worth of difference" between the Democratic and Republican parties during one of his campaigns. How does Wallace's comment relate to the median voter theorem?


Title: Former Alabama Governor George Wallace ran for president several times, once as a third-party ...
Post by: Woo on Feb 28, 2019
Content hidden


Title: Former Alabama Governor George Wallace ran for president several times, once as a third-party ...
Post by: snowicefox17 on Feb 28, 2019
You make an excellent tutor!