Question

Assuming that voters prefer outcomes closer to their preferred choices to outcomes further away, the median voter model predicts that the candidates will support amedium level of farm subsidies.

Answer 1

Answer:

Hi

The issue of agricultural subsidies has always been the subject of much debate, focusing on whether agricultural subsidies are necessary or not, the consensus is that certain types of subsidies are necessary, but rather on how to grant such subsidies. The traditional way has been through preferential interest rates and forgiveness of debts and renegotiations. In countries such as the United States and the European Economic Community (EEC), the most common way has been the payment of subsidies to farmers so that they do not cultivate part of the farms. The new agricultural subsidies are money given directly to the farmer for the purchase of agricultural or other inputs.

Explanation: