Why do many prospective voters choose to watch sports on television rather than watching the news or political roundtables? In your answer, be sure to mention the role played by rational ignorance
Rational ignorance is the state of not acquiring information because the costs of acquiring that information are greater than the benefits. A prospective voter who chooses not to inform herself about the issues may feel that the costs involved with obtaining the information about the relevant issues exceed the benefits accrued from obtaining that information.
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When the Federal Reserve sells treasury securities in the open market,
A. The buyers of these securities pay for them with checks and bank reserves fall B. The buyers of such securities by new securities in the open market and there is a decrease in bank reserves C. The sellers of such securities deposit the funds in their banks and bank reserves decrease
The numerical value of the slope of a line depends in part on the units of measurement used
a. True b. False