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daniellasousa daniellasousa
wrote...
Posts: 510
5 years ago

Question 1.

The median voter theorem implies that

• many people will be satisfied with the amount of spending on government funded projects.

• many people will be dissatisfied with the amount of spending on government funded projects.

• people in the political middle will be dissatisfied with the amount of spending on government funded projects.

• spending on government funded projects reflects the preferences of only those far away from the median.

Question 2.

Which of the following is not an example of rent-seeking behavior?

• competition for subsidies

• lobbying the government to impose tariffs on certain imported products

• competition for the exclusive right to import a product

• engaging in aggressive advertising that slams a competitor's product
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
Read 51 times
1 Reply
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Answer verified by a subject expert
bli14bli14
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Posts: 390
5 years ago
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daniellasousa Author
wrote...

5 years ago
Thanks
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
This helped my grade so much Perfect
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