Multiple choice question Which of the following is TRUE of median voter outcomes? a. They are socially efficient. b. They are never socially efficient. c. They do not reflect the intensity of voters' preferences. d. They are the same outcomes that would prevail without government intervention.

Principles of Microeconomics
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ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter22: Frontiers Of Microeconomics
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Multiple choice question

Which of the following is TRUE of median voter outcomes?

a. They are socially efficient.

b. They are never socially efficient.

c. They do not reflect the intensity of voters' preferences.

d. They are the same outcomes that would prevail without government intervention.

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