Question 1

According to the Median Voter Theorem, what determines the outcome of an election when voters are choosing between two options?

Accepted Answer

The preference of the median voter

Question 2

If five voters have the following preferred spending on a city project: $$20,000, 40$$,000, $$60,000, 80$$,000, and $100,000, what is the median preferred spending?

Accepted Answer

$60,000

Question 3

Suppose a mayoral candidate wants to maximize their chance of winning by appealing to the median voter. If the voters' preferred spending levels are $$30,000, 50$$,000, $$70,000, 90$$,000, and $110,000, what spending level should the candidate propose?

Accepted Answer

$70,000

Question 4

Why might the outcome of a majority vote not reflect the preference of the average voter?

Accepted Answer

Because the outcome is determined by the median, not the mean

Question 5

In a city council vote, the preferred budgets are $$10,000, 20$$,000, $$30,000, 40$$,000, and $$50,000. If the council must choose between 20$$,000 and $40,000, which option will win according to the median voter theorem?

Accepted Answer

$30,000

Question 6

If voters must choose between a $$100 budget and a 50 $$budget, and their preferences are: Ann ($$100), Ben (50$$), Cathy ($$100), Doug (50$$), and Edward ($100), which budget will win?

Accepted Answer

$100

Question 7

Which of the following best describes the median in a dataset?

Accepted Answer

The value separating the higher half from the lower half

Question 8

A city is voting on a new park budget. The five council members' preferred budgets are $$20,000, 40$$,000, $$60,000, 80$$,000, and $$100,000. If the options are 40$$,000 and $80,000, which will the median voter choose?

Accepted Answer

$60,000

Question 9

If a group of voters must choose between two policies, and the median voter's preference is not one of the options, what is the likely outcome?

Accepted Answer

The policy closest to the median voter's preference will win

Question 10

During a mayoral election, the issue is spending on a new public park. The town’s 5 voters’ spending preferences are shown in the table. What amount of spending will win the vote?

Voter 1: $$20,000
Voter 2: 40$$,000
Voter 3: $$60,000
Voter 4: 80$$,000
Voter 5: $100,000

Accepted Answer

$60,000

Question 11

Which of the following statements is TRUE about the median voter theorem?

Accepted Answer

It predicts that the outcome of majority voting will reflect the preference of the median voter

Question 12

If the preferences of five voters are $$10, 20$$, $$30, 40$$, and $$50, and they must choose between 20 $$and $40, which option will the median voter select?

Accepted Answer

$30

Question 13

Why do politicians often target the median voter during campaigns?

Accepted Answer

Because the median voter determines the outcome in majority rule elections

Question 14

If a city council must choose between a $$100 budget and a 50 $$budget, and the voters' preferences are: Ann ($$100), Ben (50$$), Cathy ($$100), Doug (50$$), and Edward ($100), what is the median preference?

Accepted Answer

$100

Question 15

Which of the following is NOT a key assumption of the median voter theorem?

Accepted Answer

Voters always vote for their least preferred option

The Median Voter Theorem in Microeconomics

Guida di studio - Domande di pratica

Study guide - Flashcard