Voters may choose to remain uninformed about an issue because of:

A. the special-interest effect.
B. rational ignorance.
C. bureaucratic inefficiency.
D. the shortsightedness effect.


Answer: B

Economics

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Refer to the figure below. In this game, the dominated strategy for Player A: 

A. will depend on Player B's move. B. is to play down. C. is to play up. D. is to cooperate with Player B.

Economics

Sugar and honey are viewed as substitutes for each other in many cooking applications. If the price of sugar rises, we would expect

a. the demand for honey to increase
b. the demand for honey to decrease
c. the quantity demanded of honey to decrease
d. the price of honey to decrease
e. the quantity demanded of honey to increase

Economics

Which of the following groups is most likely to benefit from a strengthening of the U.S. dollar against other major currencies?

A. Foreign consumers B. The U.S. government C. U.S. exporters D. U.S. consumers

Economics

The future of private sector labor unions is

A. bright because of the numerous recent innovations in recreational technologies now available for overworked and highly-stressed union members. B. bleak because of the growing economic influence of Walmart upon its suppliers. C. bleak because of the sweep of Congress by Democrats in 2006. D. bright because of the booming Chinese export-driven economy.

Economics