Voters may choose to remain uninformed about an issue because of:
a. bureaucratic inefficiency.
b. the shortsightedness effect.
c. rational ignorance.
d. the special-interest effect.
c
Economics
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Using the rule of 70, if the GDP per capita growth rate in the United States is 4.4 percent, real GDP per capita doubles every
A) 6.72 years. B) 15.91 years. C) 44 years. D) 65.6 years.
Economics
How do the characteristics of perfect competition and monopolistic competition differ?
What will be an ideal response?
Economics
A decrease in price allows a consumer to attain a higher indifference curve
Indicate whether the statement is true or false
Economics
Your friend does not understand the benefits of globalization. Outline for your friend the positive economic aspects of globalization
What will be an ideal response?
Economics