Rational voter ignorance can lead politicians to:
a. favor programs with immediate and clear benefits and unclear and deferred costs
b. fail to take all the benefits and costs of a program fully into account in deciding on which policies to favor.
c. do a poor job of overseeing the actions of public sector bureaus.
d. all of the above
d
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Refer to the scenario above. Charles will receive a payoff of ________ if Beth trusts him and he defects
A) $50 B) $0 C) $20 D) $10
In the United States in 2014, over 90 percent of people without health insurance were below the age of 35
Indicate whether the statement is true or false
Repeated play can change the outcome in sequential games by:
A. reducing the first-mover advantage. B. removing the incentive to cooperate. C. making collusion more probable. D. increasing the incentive to defect.
Which of the following is a source of information that helps consumers acquire information about the quality of a good or service?
a. brand names b. franchising c. consumer ratings magazines d. all of the above