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

Which of the following persons is most likely to become informed on the National Endowment for the Arts?

The voting outcome and the most preferred outcome of the median voter are the same in a simple majority vote where there are several options from which to choose.

A state of rational ignorance

A political candidate running in a two-person race is likely to occupy

Simple majority voting will generate the same result whether taxes are equally divided or unequally divided.

Rational (political)ignorance refers to

-Refer to Exhibit 32-2-(c).Two candidates are competing for an electorate consisting of 11 voters labeled A-K shown positioned with respect to their ideological stands on issues.The median voter theory would predict that candidates will assume the ideological position(s)

Rent seeking is the actions of

-Refer to Exhibit 32-3.The exhibit shows the breakdown of benefits and costs for a five-person community considering whether to purchase a $5,000 statue of Adam Smith to put in the center of the public square.If simple majority voting determines the outcome,the statue _______________ be purchased,and the total costs are ______________ the total benefits of the statue.

A voter will tend to be more informed if the issue in question

Why do many prospective voters choose to watch sports on television rather than watching the news or political roundtables? In your answer,be sure to mention the role played by rational ignorance.

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

Logrolling refers to the

A college professor berates his political science students for being uninformed on current political and government issues.For example,most of them do not know who represents them in the U.S.House of Representatives.He tells his students that they will never get very far in life by staying so uninformed and uninterested.The professor is probably overlooking the fact that

In the median voter model,we assume that

Logrolling is the exchange of votes to gain support for legislation.

If it is assumed that people vote for the candidate who comes closer to matching their own views,then

Candidates in a two-person race express very similar positions a few weeks before the election.A voter complains that there is not much difference between the two candidates.What this voter misunderstands or ignores is that

Which of the following is false?

Often,candidates running for political office will speak in general terms instead of specific terms because voters agree more on __________ than __________.