The Concept of Rational Ignorance Is Defined as

Multiple Choice

The concept of rational ignorance is defined as

A) the decision not to acquire knowledge because of high marginal cost.
B) the deceit by bureaucrats who fool politicians in order to maximize their budgets.
C) politicians not telling the voters the real truth to stay in office.
D) voters being kept from knowing the facts by bureaucrats.
E) bureaucrats not knowing the size of their budget.