The rational-ignorance effect refers to the
A) lack of incentive voters have to become well-informed about candidates and issues because their vote is unlikely to affect the outcome of an election.
B) fact that most people choose to become just as well-informed when making choices as consumers as they do when making choices as voters.
C) lack of rational analysis on the part of voters when they choose not to become informed about candidates and issues even though this knowledge would produce great personal benefit to them.
D) problem of not enough information being supplied to voters because politicians are not spending enough on campaign adds to inform voters of their positions on issues.
Correct Answer:
Verified
Q174: People who spend more time and effort
Q175: Public choice theory assumes voters, politicians, and
Q176: Madison is a third-grade public school teacher
Q177: When analyzing public sector decision making, economic
Q178: Economists refer to the lack of incentive
Q180: Public choice analysis
A) assumes individuals in the
Q181: Public choice analysis suggests that the primary
Q182: Which of the following is true?
A) To
Q183: Economic analysis suggests that bureaucrats and public-sector
Q184: Public choice theory indicates that the behavior
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents