The choice of a voter to remain uninformed because the marginal cost of obtaining information is greater than the marginal benefit from obtaining knowledge is called:
A. irrational ignorance.
B. rational ignorance.
C. collective interest.
D. choice.
Answer: B
Economics
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A) developing; emerging market B) advanced; emerging market C) advanced; developing D) emerging market; developing E) developing; advanced
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If Italy's real GDP fell from $2.2 trillion one year to $1.9 trillion the next, the annual growth rate would be:
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