45. | Which of the following is an assumption of the median voter theorem? |
| a. Voters are assumed to have heterogeneous preferences. |
| b. Voters are assumed to be able to place all possible election outcomes within a one-dimensional continuum. |
| c. Voters are assumed to have homogenous preferences. |
| d. Voters are assumed to be able to compare current election outcomes with past election outcome with perfect recall. |
| |
46. | The conclusion of the median voter theorem is that_____. |
| a. private sector demands of the median voter influences their demand for public goods |
| b. the median voter is omniscient |
| c. public sector demand will be the demand of the median voter |
| d. decision-making costs will be high if the median voter is rationally ignorant |
| |
47. | The median voter theorem predicts that in a representative democracy _____. |
| a. party platforms will converge to one preferred by the median voter |
| b. successful politicians will emulate the median voter |
| c. third parties will not exist |
| d. successful politicians come from the median political party |
| |
48. | In general, the medium voter theorem can be described as a powerful model for _____. |
| a. analyzing demand for public goods |
| b. analyzing the dynamics of business cycles |
| c. analyzing demand aggregation in a democracy |
| d. analyzing the supply of politicians |
49. | The median voter model explanation for the landside victory of Ronald Reagan over Walter Mondale is that _____. |
| a. Reagan was far closer to the median voter than Mondale |
| b. Reagan was far more charismatic than Mondale |
| c. Reagan was able to use the power of incumbency to overwhelm Mondale |
| d. Reagan was able to be more extreme than Mondale and still win |
50. | Economists call the fact that the general public has little incentive to become informed about most political issues _____. |
| a. rational ignorance |
| b. irrational voting |
| c. a diminishing political marketplace |
| d. cyclical political institutions |
| |