Exam 19: Building Theories to Explain Everyday Life: From Observations to Questions to Theories to Predictions

Which of the following statements is false?

Special interest groups are subsets of the general population that

"Logrolling" is

Political candidates tend to identify themselves as being "middle-of-the-roaders",while they tend to label their opponents as a member of the political fringe.

According to public choice theorists,people in the market sector and people in the public sector behave differently because

According to public choice theorists,people behave differently in the market sector than in the public sector because

Low voter turnouts that appear to be a result of voter apathy may instead be a result of

-Refer to Exhibit 32-4.Suppose that producers of this good engage in rent seeking which results in the government imposing a price floor of P₂.The loss of consumers' surplus that occurs due to the price floor is

-Refer to Exhibit 32-2-(a).Two candidates are competing for an electorate consisting of 9 voters labeled A-I shown positioned with respect to their ideological stands on issues.The median voter theory would predict that candidates will assume the ideological position(s)

Special interest groups often engage in rent seeking,which is a socially wasteful activity.

-Refer to Exhibit 32-2-(b).Two candidates are competing for an electorate consisting of 3 voters labeled A,B,and C shown positioned with respect to their ideological stands on issues.The median voter theory would predict that candidates will assume the ideological position(s)

A subset of the general population that holds an intense preference with respect to a particular government activity is called a

In the early 19th century,the main lobbyists behind passage of the Factory Acts were the women and children who were being exploited.

Logrolling consists of

-Refer to Exhibit 32-4.At the market equilibrium price of the good,producers' surplus is the area

When a decision is made based on a simple majority vote it is possible for the total benefits to the community of this decision to be less than the total costs to the community of this decision.

Public choice theorists assert that persons who change jobs from,say,a government position to a business position,sometimes alter their work behavior and attitudes because

Public choice deals exclusively with business decisions.

Public choice economists often explain low voter turnouts in terms of

Two candidates,Smith and Jones,are running for the same political office.Last night they were in a debate.It is generally accepted that Smith is perceived more to the left after the debate than before the debate.This is bad news for Jones if before the debate Smith was perceived