Voters may choose to remain uninformed about an issue because of:
a. the special-interest effect.
b. rational ignorance.
c. bureaucratic inefficiency.
d. the shortsightedness effect.
b
Economics
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By selecting a bundle where MRS = MRT, the consumer is
A) achieving a corner solution. B) reaching the highest possible indifference curve she can afford. C) not behaving in an optimal way. D) All of the above.
Economics
The TANF program:
A. is a form of social insurance. B. has been found to be unconstitutional by the Supreme Court. C. limits total lifetime welfare benefits to 5 years and requires able-bodied adults to work after receiving benefits for 2 years. D. perpetuates the so-called culture of poverty.
Economics