Economists call the fact that the general public has little incentive to become informed about most political issues _____.
A)rational ignorance
B)irrational voting
C)a diminishing political marketplace
D)cyclical political institutions

Question

Quizplus · Accepted Answer

Rational ignorance refers to the fact that the cost of becoming informed about most political issues outweighs the potential benefit for individuals, so they choose not to invest time and effort to become informed. This is a rational decision, as the chance that their individual vote or opinion will have a significant impact on the outcome of an election or policy decision is negligible.

Economists Call the Fact That the General Public Has Little