Suppose Congress passes a law that states that the federal government will pay $100 to any American citizen who can pass a (reasonably simple)current political events test.It follows that
A) this raises the benefits of being rationally ignorant.
B) this raises the benefits of becoming informed and therefore will lower the degree of rational ignorance in society.
C) this raises the costs of being rationally ignorant.
D) b and c
E) none of the above

Question

Quizplus · Accepted Answer

The law incentivizes citizens to become informed about current political events by offering a monetary reward, thus increasing the benefits of being informed (B) and simultaneously increasing the costs associated with choosing to remain ignorant, as individuals would miss out on the financial incentive (C).

Suppose Congress Passes a Law That States That the Federal