How the political equilibrium will differ from an election


Assume the position of political candidates on all issues can be ranked on a scale ranging from conservative too liberal. The more conservative a candidate, the less the quantity of public goods he will supply. Assume as well, that all voters favoring liberal candidates will vote, while only 50% of those favoring conservative candidates will vote. Generate a graph to show how the political equilibrium will differ from an election in which all citizens vote. Discuss. Create a graph on a spreadsheet program, copy and paste it into a MS Word document, write down your answer in the MS Word document. 

Request for Solution File

Ask an Expert for Answer!!
Macroeconomics: How the political equilibrium will differ from an election
Reference No:- TGS0870052

Expected delivery within 24 Hours