Rational ignorance suggests that voters may not spend much time examining candidates before an election because
a. politics is boring
b. each voter has virtually no chance of deciding the election
c. public choices are not important to society
d. candidates are chosen by the electoral college
e. candidates are usually so different that it is easy to determine which is better
B
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It is estimated that approximately __________ percent of U.S. depositors have their deposits fully federally insured
A) 25 B) 40 C) 70 D) 99
"Oligopoly is the only market structure in which rivalry among firms takes place." Do you agree or disagree? Why?
What will be an ideal response?
College students often spend summers in internships that pay little or no income because internships provide benefits in the form of higher future incomes
a. True b. False
Which of the following would lead to an increase in the supply of Russian rubles?
a. An increase in the dollar price of the ruble b. An increase in Russian GDP c. An increase in the U.S. price level relative to the Russian price level d. A decrease in the dollar-ruble exchange rate e. Expectation that the price of the ruble will rise.