Multiple Choice
Under which of the following circumstances would a voter adopt a stance of rational ignorance instead of choosing to be informed of the public choices at hand in an election?
A) when the benefit consumers anticipate from becoming informed exceeds the anticipated cost of doing so
B) when the voters have a special interest in the legislation
C) when information and the time required to acquire and digest it are scarce
D) when the median voter in an electorate determines public choices
E) when political candidates try to get elected by appealing to the median voter
Correct Answer:

Verified
Correct Answer:
Verified
Q166: Rationality implies that in order to get
Q167: In response to the threat of budget
Q169: Payments higher than necessary to call forth
Q170: To maximize political support,elected officials may cater
Q172: A public good,such as a community's emergency
Q173: Elected officials try to maximize their _<br>A)political
Q174: A golf course or a swimming pool
Q175: The underground economy describes all market activity
Q176: If taxpayers can enjoy mosquito abatement without
Q189: Special-interest legislation is characterized by<br>A) concentrated costs