Rational voter ignorance occurs because the marginal cost of obtaining information is higher than the marginal benefit from obtaining the information

In what ways is the government debt a burden on future generations?

What will be an ideal response?

If a perfectly competitive industry's long-run supply curve is downward sloping, we can conclude that input prices will:

a. increase as industry output increases. b. decrease as industry output increases. c. remain constant as industry output increases. d. none of these conclusions can be drawn.