Statements regarding the rational ignorance effect are true

Assignment Help Business Economics
Reference no: EM131086134

Which of the following statements regarding the rational ignorance effect are true? Check all that apply.

1. A rationally ignorant voter may choose a political candidate based simply on party affiliation or public appearances rather the candidate's positions on a wide range of issues.

2. Rational voter ignorance occurs when a voter chooses a candidate who supports policies that are not in the best economic interest of the voter.

3. A rationally ignorant voter may find it difficult to gauge the benefits of voting because candidates take stands on a wide range of issues, and the voter does not get to pick and choose among a candidate's good and bad positions.

Reference no: EM131086134

Questions Cloud

True of the state of modern macroeconomics : Which of the following statements is TRUE of the state of modern macroeconomics?
How might increasing level of government transfers reduce : How might increasing the level of government transfers reduce the size of the economic pie? Higher taxes may be necessary to finance increased transfer payments, leading to a reduction in hours worked because of a decrease in the reward for productiv..
How you feel nurses can positively impact the healthy people : Discuss how you feel nurses can positively impact the Healthy People 2020 goals. Review the Healthy People 2020 objectives for Access to Care. Of all the objectives listed under this topic.
Corresponding to the row operations : (i) Write down the elementary matrices E1 and E2 corresponding to the row operations E1 and E2.
Statements regarding the rational ignorance effect are true : Which of the following statements regarding the rational ignorance effect are true? A rationally ignorant voter may choose a political candidate based simply on party affiliation or public appearances rather the candidate's positions on a wide range ..
Higher cumulative incidence of influenza : In 2013, the number of new cases of influenza was 1,075 in Providence, RI and 997 in Hartford, CT. The population of Providence, RI was 177,994 people in 2013. The population of Hartford, CT was 124,017 in 2013. Which had a higher cumulative incid..
Examples of the shortsightedness effect : Which of the following are examples of the shortsightedness effect? During the last 45 years, the U.S. federal budget has been in deficit (annual tax revenue fell short of annual government spending) 40 times. In 40 of the past 45 years, the legislat..
Briefly describe the summary statistics of the participants : Describe the statistical test and the reason for using it. Briefly describe the summary statistics of the participants. What conclusions can you draw and what recommendations could you provide based on this information?
Prove that such a collected distributed snapshot : Prove that such a collected distributed snapshot will be consistent iff the following holds (assume there are n processes in the system and V ti denotes the vector timestamp of the snapshot taken process pi):

Reviews

Write a Review

Business Economics Questions & Answers

  Statements about what policies should be adopted

In evaluating the accuracy of their statements, should one distinguish between (i) economist’s descriptive statements, propositions, and predictions about the world, and (ii) their statements about what policies should be adopted. Explain in detail

  His strategies are strictly dominated

An item is up for auction. Player 1 values the item at 3 while player 2 values the item at 5. Each player can bid either 0,1, or 2. If player i bids more than player j then i wins the good and pays his bid, while the loser does not pay. If both playe..

  Who is fair-handsome and unscarred

Bobby is the only man standing next to exactly one handsome man. 4. Clinton is the only man not standing next to exactly one scarred man. Who is fair, handsome and unscarred?

  Determine the sensitivity of net exports to interest rate

What factors determine the sensitivity of net exports to the interest rate? Consider the cases where net exports are very sensitive to the interest rate and where they are very insensitive. Compare the effect that an increase in the money supply has ..

  Identifies and analyzes various elements both legal-ethical

Identifies and analyzes various elements, both legal and ethical, as they apply to marketing products and services in the United States. Cite at least 2 references that support your concerns and explain how these concerns are being actively addressed..

  What is elasticity of demand with respect to adverting

The following equation represents the weekly demand that a local theater faces. Determine the profit maximizing ticket price for the theater. What is the price elasticity of its demand at this price?  What is the elasticity of its demand with respect..

  Ethical principles to situations which challenge ones own

Corruption, the Merriam Webster dictionary (n.d.) defines corruption as the "impairment of integrity, virtue, or moral principle, or inducement to wrong by improper or unlawful means (as bribery). Many argue that corruption is a major problem in busi..

  Affirmative action programs or anti-discrimination policies

Some argue that the government doesn't need affirmative action programs or other anti-discrimination policies because the profit motive provides sufficient motivation to eliminate discrimination in employment. Explain why this might NOT happen i.e. w..

  Forest point construction

At Forest Point Construction, your boss says that he can estimate the total project time based on his personal experience. You are trying to convince him that he should use project management techniques to handle a complex project. What is the correc..

  Devoting a larger share of national output to investment

“Devoting a larger share of national output to investment would help restore rapid productivity growth and rising living standards.” Do you agree with this claim? Explain.

  Shift the supply for tea

Which of the following will NOT shift the supply for tea?

  Explain presidential election outcomes related to economy

Explain how are presidential election outcomes related to the performance of the economy. What are the major factors that have affected U.S. household consumption since the recession in 2001.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd