"I know that my vote alone will not influence whether or not any new foreign trade legislation is enacted, so I have decided not to spend the time learning about various legislative proposals." This quote reflects an example of

A) the free-rider problem.
B) government failure.
C) rational ignorance.
D) voter inefficiency.

C

Economics

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With regard to environmental programs and regulations, economic analysis indicates that

a. environmental quality is something that people value and, therefore, are willing to pay for. b. people value many other things, but environmental values always come first. c. income levels exert little impact on the demand for environmental quality. d. the cost of an environmental policy matters little if the policy provides environmental health benefits.

Economics

Elephant populations have:

A. expanded everywhere because of state control of elephant populations. B. declined in countries where they are owned by local villages, and expanded where they are owned by the state. C. expanded in countries where they are owned by local villages, and declined where they are owned by the state. D. declined everywhere, regardless of whether property rights over elephants are recognized.

Economics