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Author Question: What is rational ignorance? What will be an ideal response?[br][br][b][color=#165FFA]Question ... (Read 72 times)

neverstopbelieb

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What is rational ignorance?
 
  What will be an ideal response?

Question 2

A depository institution creates liquidity and pools risk.
 
  Indicate whether the statement is true or false



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Galvarado142

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Answer to Question 1

Rational ignorance is the voter's decision not to acquire information about an issue because the marginal cost of doing so exceeds the expected marginal benefit. Thus the voter remains (rationally) ignorant about the issue.

Answer to Question 2

TRUE




neverstopbelieb

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


billybob123

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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