Multiple Choice
A woman approached Senator Adlai Stevenson when he was running for president, saying, "Senator, you have the vote of every thinking person!" The Senator is often credited with responding: "That's not enough, madam, we need a majority!" Which concept does this quip best reflect?
A) rational ignorance
B) opportunity cost
C) diffuse costs and concentrated benefits
D) median voter theorem
Correct Answer:

Verified
Correct Answer:
Verified
Q285: An incumbent president can take advantage of
Q286: If policies like sugar quotas and tariffs
Q287: Rational ignorance occurs when people are not
Q288: According to the text, one formula for
Q289: Which of the following statements is FALSE?<br>A)
Q291: Which of the following is most likely
Q292: The political business cycle is:<br>A) more apparent
Q293: Politicians can often use the concept of
Q294: When citizens have NOT satisfied their basic
Q295: When government makes it possible to externalize