Microeconomics

Which of the following statements does not follow from the median vote

Which of the following statements does not follow from the median voter model? a. Party platforms tend to converge to the median. b. The farther a candidate is away from the median voter, the more support she will have. c. Third parties generally cannot win elections. d. Political candidates tend to be quite similar to […]

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Date: September 9th, 2020

From what viewpoint is a sales tax most likely to be considered regres

From what viewpoint is a sales tax most likely to be considered regressive? a. If one considers lifetime consumption as equal to income. b. If one considers that many goods consume by low-income individuals are exempt from taxation. c. If one considers it as a consumption tax on current income. d. If one considers it […]

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Date: September 9th, 2020

Which of the following have contributed to health insurance becoming c

Which of the following have contributed to health insurance becoming commonplace during the latter half of the twentieth century? a. The tremendous rise in medical costs. b. The increase in fraternal order societies which provided health insurance. c. The growth of employer-provided health care. d. all of the above e. a and c   ANSWER […]

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Date: September 9th, 2020